New research¹ indicates that more than half (52%) of buy-to-let landlords (BTL) have been actively expanding their property portfolios over the past year, with 25% of buy-to-let landlords acquiring one property and an additional 27% of buy-to-let landlords acquiring multiple properties.

Looking at the next twelve months, 26% of buy-to-let landlords intend to acquire a single property, while another 26% of buy-to-let landlords plan to expand their portfolios further by acquiring multiple properties. This optimistic outlook may be fuelled by confidence in the residential property market, with 74% of buy-to-let landlords expressing positivity for the next year.

The research also delved into the motivations driving portfolio expansion for buy-to-let landlords. The leading factor was increased tenant demand, cited by 31% of respondents, followed by having available capital (25%). Diversification across property types and regions was also a priority for many buy-to-let landlords, with 21% aiming to achieve this. Additionally, 20% of buy-to-let landlords sought properties with better Energy Performance Certificate (EPC) ratings.

While growth is prevalent, a notable portion of buy-to-let landlords have been selling properties. In the past year, 31% have sold one or more properties, with 33% planning to do so in the coming year. Concerns regarding remortgaging due to rising interest rates topped the list of reasons for selling (35%), followed by worries about declining house prices (28%). Additionally, 23% sold properties to reinvest in better opportunities.

Get in touch

Clifford Osborne are independent mortgage advisers based in Eastbourne, East Sussex. We serve clients in Tunbridge Wells, Brighton, Lewes, Uckfield, Hastings, Bexhill, Seaford, Newhaven and further afield.

Please contact our friendly team for more information or to book a free initial review.

Read our VoucherFor reviews here to find out what our clients have to say.

¹The Mortgage Lender, 2024