Over a third of landlords are expanding their portfolio

34% of landlords have recently purchased another buy-to-let property or intend to buy one within the next nine months, according to new data released by The Deposit Protection Service and Zephyr Homeloans.

A new poll of over 300 landlords suggests that the ‘opportunity to buy at a discount’ is the most commonly cited reason among those who have recently bought or soon intend to buy additional rental property, with other key factors including long‑term investment (35%), stamp duty savings (34%) and diversification by either location (26%) or property type (23%). To continue reading, please Click Here

Source: Property Reporter

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