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40% of Landlords Planning to Add to Portfolios this Year
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Almost four in ten (39%) landlords are planning to add to their portfolios this year, according to a new study by Experience Invest.
With buy-to-let continuing to deliver healthy returns, which outstrip many other asset classes, the research shows that 39% of buy-to-let landlords are planning to add to their portfolios this year, compared to the 11% who intend to reduce theirs.
The survey, of more than 500 buy-to-let landlords, also found that London, Manchester and Liverpool are the most popular cities for buy-to-let investment in the UK at present.
In terms of the most popular cities, London (35%) just beat Manchester (33%) to take the top spot.
Liverpool (25%) and Nottingham (15%) came in third and fourth, followed by Bristol and Leeds, at 14% and 13% respectively.
The rest of the top ten consisted of Birmingham and Newcastle (both 12%), Luton (11%) and a four-way tie between Brighton, Edinburgh, Glasgow and Sheffield (all at 8%).
When looking at the types of property that investors were considering buying this year, houses (67%) were the most popular, followed by flats (54%).
New build homes also look set to receive a lot of attention, with 39% of landlords keen to invest in this market, as do student properties, at 24%.
Commercial (34%) and semi-commercial (21%) properties were the other leading asset types among UK property investors.
Jerald Solis, the Business Development and Acquisitions Director at Experience Invest, says: “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, today’s 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.
“It’s interesting to see that, 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.”
Landlords, are you planning to add to your portfolios this year? If so, which locations are you interested in?