Stockport Property News

Portfolio landlords still looking to expand

TomS - Head Tom Simper Jul 13, 2023, 15:00 PM

More than a quarter of landlords who own five or more properties are planning to increase their portfolio over the next year, while one in five who have 2–5 properties are also planning to expand (Rightmove).

Over half of landlords are planning to keep their property portfolios consistent or increase the number of properties they own. Single-property landlords are more likely to be looking to leave the sector.

Published in 2022, the English Private Landlord Survey 2021 found that 18% of landlords owned five or more properties but such landlords represented 48% of all tenancies

A Property Academy survey of close to 6,000 landlords indicated that over three-quarters of landlords owed less than half the value of their portfolio on their buy-to-let mortgages. Landlords with lower loan-to-value mortgages are less impacted by current market volatility.Source: #Dataloft, Rightmove, English Private Landlord Survey 2021, Property Academy Landlord Survey 2022.

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

Join our Newsletter

About The Blog

This Blog looks at what is happening in Stockport, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

"I honestly can’t sing the praises of the Liverpool branch any higher"

- Phoebe

"We would like to give a special thanks to the newest member of staff Aleaya"

- Daniel

"I will greatly recommend. Keep up the great work"

- Josiane

"Wouldn't hesitate in recommending Peter Anthony for any of my requirements when it comes to a home"

- Craig

"Very polite and helpful"

- Daniel

"It was super easy to schedule a viewing with Abbey"

- Pamela

"Yaseen has been fantastic very helpful and good communication all the way through"

- Kate Dawson

"Sean C. - he is a very helpful person! Cheers!"

- Tomasz