More landlords are planning to expand their portfolios according to a survey by Market Financial Solutions, but concerns hang over this optimism.
In a survey of 300 UK landlords, Market Financial Solutions found that more landlords were planning to buy further properties than those wishing to sell - with 36% and 9% respectively answering as such.
This is partly led by a view on property values, with over half (54%) expecting house prices to rise over the next 12 months. Additionally, 43% of surveyed landlords expect rental yields to improve over this period.
However, concerns still registered for a considerable segment of this sample.
The survey found that 41% of landlords are concerned about tenants’ ability to pay rent due to inflation and a higher cost of living.
Elsewhere, 35% were concerned about the impact of political or economic instability impacts on the property market and 27% identified increased regulation of the PRS as a worry.
Paresh Raja, CEO at Market Financial Solutions (pictured above), said it was encouraging to see landlords express confidence in the market but flagged that complacency should still be avoided.
“New regulations, economic fluctuations, and affordability concerns for renters will likely all play a role in shaping landlords’ investment strategies in the months ahead,” said Paresh.
“For lenders and brokers, the data serves as an important reminder that, while interest rates are falling and market conditions are improving, landlords will continue to need support to make informed decisions about their portfolios.”
