Around 26 per cent of landlords are planning to increase the size of their property portfolios in the next year, according to research.
A survey from Butterfield Mortgages, which collated views from 2,000 UK adults, found that one in 14 plan to sell up.
Around 67 per cent said they plan to keep their portfolios at the same size that they currently are.
Almost half of those surveyed said that the rise in interest rates was a challenge for them managing their property investments.
Just over a third of landlord said they had increased their tenants rent and 62 per cent said they felt uncomfortable doing so when many tenants were facing heightened cost of living challenges.
However, 69 per cent said that they planned to up rents in the coming year.
Alpa Bhakta, CEO of Butterfield Mortgages, said: “For the best part of a decade, speculation has been rife that landlords will quit the buy-to-let market in their thousands.
“However, our data is the latest to challenge such predictions, showing that the vast majority of private landlords remain committed to either maintaining or growing the size of their property portfolios. It underlines the enduring appeal of buy to let as an asset class, even despite added costs and regulatory complications for many.”
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.
