High proportion of landlords still intending to increase their portfolios

High proportion of landlords still intending to increase their portfolios

A recent survey by Experience Invest, the London-based independent property consultancy, has revealed that over a third are planning to increase their property portfolios over the next 12 months, despite all the uncertainty surrounding the property industry currently.

In a survey of 500 buy-to-let landlords, 39% indicated that they intend to buy one or more BTL properties in the near-future, with only 11% stating that they intend to sell one or more of their properties. The remaining investors who took part in the survey said that they did not intend to buy or sell any property in 2019 and will potentially be selling some of their assets to reinvest in new properties.

From the 39% who intend to increase their portfolios, the top 10 locations they were looking at were:

  1. London
  2. Manchester
  3. Liverpool
  4. Nottingham
  5. Bristol
  6. Leeds
  7. Birmingham
  8. Newcastle
  9. Luton
  10. Sheffield

Commenting on the survey, Jerald Solls, Business Development and Acquisitions Director at Experience Invest, said: “In light of tighter tax regulations on landlords and on-going Brexit uncertainty, there have been some doom and gloom predictions about the future of the UK property market. But research shows that, as an investment asset, real estate is still hugely popular, with a significant number of property investors looking to grow their portfolio further in 2019.

“While London remains the most popular location for property investment, other regions across the UK are very close behind. In particular, the North West has established itself as something of a ‘hotspot’ for buy to let investors, with cities like Liverpool and Manchester providing strong rental yields and healthy capital growth.”