Stockport Property News

Buy-to-let investor hotspots

TomS - Head Tom Simper Mar 12, 2024, 11:00 AM

Glasgow has topped the list of cities with the biggest increase in the number of buy-to-let properties over the past year, with a 12% rise. Nottingham and Leeds came in second and third place respectively, both with growth of over 8%.

In spite of the challenges facing landlords, many cities are seeing continued growth in the sector, with over half of landlords saying they would recommend investing in buy-to-let property.

26% of landlords who own 6 to 10 properties are planning on increasing their lettings portfolio in the next few years, rising to 11% for landlords who own eleven or more properties. Source: #Dataloft, Simply Business, Property Academy Landlord Survey 2023

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