The average portfolio size has increased to 14 properties with 21% of landlords planning to invest in more property over the next three months, suggests a new report.
Research by specialist buy-to-let mortgage lender Paragon Mortgages shows a rise in landlords’ property portfolios during the past three months from an average of 12.9 properties in the period January-March 2012, to 14.1 today. This time last year, the average portfolio size was 12.5 properties.
A fifth (21%) of landlords who took part in Paragon's quarterly Private Rented Sector Trends Survey said that they were planning to add to their portfolios in the third quarter of this year, a figure which is up from 18% over the same period last year.
Of those landlords who are planning to purchase buy-to-let property in the next three months, 49% will be investing in terraced houses which remain the most popular property type for landlords to invest in.
More than a quarter of landlords (26%) expect to buy flats or maisonettes and 23% are hoping to purchase semi-detached houses.
A fifth (21%) of landlords who took part in Paragon's quarterly Private Rented Sector Trends Survey said that they were planning to add to their portfolios in the third quarter of this year, a figure which is up from 18% over the same period last year.
Of those landlords who are planning to purchase buy-to-let property in the next three months, 49% will be investing in terraced houses which remain the most popular property type for landlords to invest in.
More than a quarter of landlords (26%) expect to buy flats or maisonettes and 23% are hoping to purchase semi-detached houses.
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