Third of Landlords Ready to Buy More Rental Homes
Nearly a third of landlords have plans to buy more rental property this year, according to specialist buy to let lender CHL Mortgages.
Landlord confidence is running high with just 1 in 10 aiming to sell property or leave buy to let, with 31% set to expand their portfolios, while the rest continue with business as usual.
Almost a fifth of landlords (17%) have bought a rental property in the past year.
A concern for many (28%) is how rising mortgage rates may affect their cash flow and profitability, but generally, landlords are happy with their lot.
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