44% of Landlords Plan to Buy More Property in the Next 12 Months

Nearly half of landlords are intending to buy more property in the next 12 months, according to a survey from Landbay. This is a 12% increase from the survey last year, with over 60% looking to build a property portfolio.

Landlords are showing renewed confidence in the buy-to-let market, with up to 44% of landlords keen to purchase more property within the next 12 months.

Rob Stanton, Landbay’s sales and distribution director

Landlords in the North West were confident in expanding their portfolios, with over a quarter of them looking to purchase by the end of the year. The increase in tenant demand has also played a large factor, with 31% of landlords keen to benefit from this growing demand.

In other areas, including the Capital, London, only 13% of landlords are planning to buy more property, showing the growth outside the city and further proving the North West to be the number one investment hotspot in the UK.

With an increase of 12% of landlords looking to expand their portfolio, buyers are coming up against more demand and are therefore having to act faster to secure their purchase.

If you’ve been looking to invest in Manchester, now is the time. You can speak to one of our expert property advisors today to find out how you can benefit and how you can get ahead of other investors with our investment opportunities.