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.

Read the full story on Property118

RentPro property management software has the flexibility to grow with your business.

You may also like...