Around 10 per cent of landlords are planning on expanding their portfolio in the next few years, with a significant proportion planning to do so by 2025, a survey has found.
According to the Debt Protection Service (DPS), a tenth of the 2,000 landlords surveyed intend to grow their portfolio and 60 per cent say they will do so in the next two years.
Around 21 per cent of those looking to buy in the next two years said they would look in a different area from where they live and 70 per cent said they would specifically target terraced homes.
Matt Trevett, managing director at The DPS, said: “The survey helps us gain insight into the purchasing intentions of landlords across England and Wales.
“The economic pressures that are affecting most sectors will inevitably also influence the strategies of buy-to-let property owners too, although it’s interesting to note that most landlords who intend to increase their portfolios are considering doing so over the next two years.
“Our regular surveys of both landlords and tenants mean we can share valuable insight with our customers and the wider industry and, combined with largest database of domestic private rental figures across the UK, help us reveal a detailed picture of trends in the private rental sector.”
Paul Fryers, managing director at Zephyr Homeloans, which helped organise the survey and is also part of the Computershare Group, said: “Financial pressures on landlords may mean they look further afield to buy property to suit their own budgets and to find the best rental yields.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
