introduction
Investors, fueled by an entrepreneurial spirit, are gearing up for a robust year ahead, with 38% of landlords expressing a keen interest in expanding their property portfolio within the next twelve months, as revealed by the recent Lendlord UK Landlord Survey. This surge in enthusiasm comes against the backdrop of a thriving buy-to-let (BTL) market, where the demand for rental properties and the potential for capital appreciation and steady income growth remain high.
Investment opportunities
Strategic Moves: Diversifying and Enhancing Portfolios for Property Investment
Surveying over 200 landlords, the Lendlord UK Landlord Survey highlights diverse strategies among investors. While 42% plan to concentrate efforts on renting out existing properties, 20% aim to renovate their holdings in the coming year. Notably, 45% prioritise enhancing the value of their portfolio, closely followed by 38% looking to boost rental income. In a bid for diversification, 17% of surveyed landlords express an interest in expanding their investment horizons.
Funding Endeavours: Leveraging Equity and Strategic Partnerships
When it comes to financing their ambitions, landlords are exploring various avenues. A substantial 40% plan to leverage existing equity in their portfolio, while 35% consider the prospect of obtaining a new mortgage or loan. Additionally, 25% are open to partnering with others to realise their property ambitions, reflecting a collaborative approach in navigating the dynamic landscape of property investment.
Anticipated Challenges: Navigating Fluctuations and Regulatory Changes
Despite the optimism, investors anticipate challenges in 2024. Market fluctuations (42%) top the list of concerns, closely followed by worries about staying abreast of regulatory changes (38%). Property maintenance management is also a focal point for 20% of Lendlord users, underlining the importance of efficient property upkeep in sustaining long-term investment success.
Future Outlook: Growing and Expanding Portfolios for Property Investment & Buy-to-Let
Looking beyond 2024, an overwhelming 82% express a desire to continue growing and expanding their property portfolios. Only 13% aim to focus on managing and building on their existing portfolio, with a mere 5% prioritising a steady passive income. The survey paints a picture of a dynamic and ambitious property market, with investors equipped to tackle challenges head-on through data-driven insights and strategic planning.
Lendlord's Perspective: Navigating the Evolving Market
Aviram Shahar, Co-Founder and CEO at Lendlord, emphasises the resilience and determination of investors in the face of challenges. He notes that Lendlord users, armed with data-driven insights and strategic planning, are well-positioned to seize opportunities in the evolving market. As the sector anticipates an exciting year ahead, Lendlord users stand at the forefront, ready to shape the future of the property market in 2024.
conclusion
Create wealth by investing in buy-to-let properties and taking advantage of the shortage in private rental accommodation. Contact one of our property experts today to learn more.
