Research by Paragon Mortgages, the specialist buy-to-let mortgage lender, has revealed an increase in landlords' property portfolios in the second quarter of 2012.
During the past three months landlords' property portfolios increased from an average of 12.9 in Q1, to 14.1 properties in Q2. This is also an increase on Q2 2011 when the average portfolio size was 12.5 properties.
A fifth (21%) of landlords who took part in the quarterly Private Rented Sector Trends Survey, said that they were planning to add to their portfolios in the third quarter of this year, which is up from 18% during the same time period last year.
Of those landlords who are planning to purchase buy-to-let property in Q3, 49% will be investing in terraced houses - which remain the most popular property type for landlords to invest in.
More than a quarter of landlords (26%) expect to buy flats or maisonettes, and 23% plan to purchase semi-detached houses.
John Heron, Managing Director of Paragon Mortgages, said: “The fact that landlords are planning to make further investments in their property portfolios is positive news. It shows their appetite to grow their business to meet the on-going demands from tenants and demonstrates the viability of the UK's private rental sector.â€
June 15, 2012
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
To arrange a meeting with one of our expert mortgage advisers complete our enquiry form or mortgage questionnaire and we will call you back. Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.
You voluntarily choose to provide personal details to us when submitting an enquiry. Your information is confidential and held in accordance with the appropriate data protection requirements. Read Trinity Financial's privacy policy.
We believe that working together is the best way to gain trust, reliability and certainty.
We had the pleasure of working with Jed on our mortgage. He guided us patiently and efficiently through any questions we...
We had the pleasure of working with Jed on our mortgage. He guided us patiently and efficiently through any questions we had and was always on hand to offer great advice. Excellent service and highly recommended!
More
Less
Cindy KoewandhonoAug 12 2024
Very happy with the exceptional service. David has demonstrated a high level of professionalism and expertise...
Very happy with the exceptional service. David has demonstrated a high level of professionalism and expertise.
More
Less
Marzena FranekAug 05 2024
We were looking for mortgage broker for our housing mortgage. Looked through some online brokers but decided to go with ...
We were looking for mortgage broker for our housing mortgage. Looked through some online brokers but decided to go with Trinity Financial.
Sophie was handling our case and because of her promptness we could secure the best rate at that time for us. Definitely recommend their services to anyone looking for a housing mortgage!
More
Less
Charusheela BopardikarJul 22 2024
15
years' experience
Over the last 15 years we have helped thousands of clients to purchase new homes, secure buy-to-let mortgages and remortgage.
23
mortgage experts
Trinity’s experts will do everything possible to secure the fastest mortgage offers while providing you with regular progress updates.
17,844
mortgages arranged
We consistently arrange fantastically priced fixed and tracker rate mortgages through the leading banks and building societies.