Glasgow has topped the list of cities with the biggest increase in the number of buy-to-let properties over the past year, with a 12% rise. Nottingham and Leeds came in second and third place respectively, both with growth of over 8%.
In spite of the challenges facing landlords, many cities are seeing continued growth in the sector, with over half of landlords saying they would recommend investing in buy-to-let property.
26% of landlords who own 6 to 10 properties are planning on increasing their lettings portfolio in the next few years, rising to 11% for landlords who own eleven or more properties. Source: #Dataloft, Simply Business, Property Academy Landlord Survey 2023
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