Four out of 10 landlords believe the value of their portfolio will increase over the next 12 months, according to a survey by Paragon Mortgages.
The survey of 205 landlords found a further half believe their portfolio value will remain stable, while less than one in 12 think the value will decrease. Despite November’s interest rate rise, the survey reveals confidence is higher this quarter than it was last quarter, with 38% of landlords believing their portfolio value will rise, compared with 35% last quarter. John Heron, managing director of Paragon Mortgages, says both through capital appreciation of their existing portfolios and new property acquisitions, landlords expect their portfolios to increase in value by 2.6% over t...
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