Flats and terraced houses are top of the investment list

Research by specialist buy-to-let lender Paragon Mortgages shows that adding flats and semi-detached houses to rental property portfolios, has increased in popularity amongst landlords. Of those landlords surveyed, 16% said they expect to increase the size of their portfolio in Q4. Professional landlords are more likely than their smaller-scale peers to purchase further rental property, 20% compared to 6%. Terraced houses have remained a popular investment option. However, this quarter has seen the popularity of flats and maisonettes, semi-detached and detached houses rise to their highest level yet this year. Types of property landlords plan to invest in during Q4:

• Flats/maisonettes - 58%
• Terraced houses - 58%
• Semi-detached houses - 30%
• Detached houses - 21%
• Bungalows - 9%
• Multi-unit blocks - 9%
• HMOs - 6%

John Heron, Managing Director of Paragon Mortgages, said: "It is very encouraging to see private landlords looking to invest in a wider variety of property types.” September 14, 2012