The proportion of buy-to-let landlords intending to buy additional properties over the next 12 months has risen to a four-year high.

The proportion of landlords willing to invest in new properties over the next 12 months has risen to 17%, the latest research from research consultancy BVA BDRC and BM Solutions, which covers the second quarter of this year. 

This is an increase of 5% and stands at the highest level recorded over the last four years.  

This increase in landlord confidence indicates tentative steps towards a post-lockdown bounce back in the buy-to-let sector.  

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According to the research, only one in five landlords is anticipating a ‘significant’ negative impact as a result of Covid-19 and tenant demand in Q2 is up in most areas of the UK.  

Central and outer London were the only areas in which tenant demand was down on Q1, while the South East and the North East showed strong growth. These findings may reflect the changing patterns of commuter behaviour as more people look to live outside the capital and increasingly work from home.  

BM Solutions Head Phil Rickards says: “This optimism is an early indicator of the resilience that we have seen in the private rental sector in the past, and the industry continues to work hard behind the scenes to support the market through these challenging times. 

“The latest survey from BVA BDRC and BM Solutions has highlighted a broader feeling of positivity in terms of outlook from landlords with only one in five anticipating a ‘significant’ negative impact as a result of Covid-19.  

“Landlords are also seeing their profitability remaining strong with 87% generating a profit – the highest level of profitability recorded since the end of 2018.” 

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