Portfolio landlords still looking to expand
17th July 2023
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
Employee of the Month – April 2024
9th April 2024
Our Employee of the Month for April 2024 is one of our Maintenance Administrators – Maddie Breed! Maddie has been…
Sales Blossom in Spring
9th April 2024
In the past five years (excluding 2020 due to Covid), springtime bloomed with 27% of home sales, the highest proportion…
Spring budget 2024
7th March 2024
The Spring Budget this year felt very much like a keep calm and carry on budget for the housing market….