2 September 2014

Nearly a third of landlords are looking to increase the number of properties they have as demand for rented accommodation soars, research indicated today.

Around 28% of buy-to-let investors are planning to buy more properties during the coming 12 months, while 43% think they will maintain their portfolios at their current size, according to LSL Property services, the UK's largest letting agent network.

Landlords' confidence is being driven by growing demand for rental property, with 50% of landlords seeing an increase in the number of people who want to let a home during the three months to the end of October, while 69% expect demand to continue to grow during the coming year.

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