• UK
  • Abroad
  • Mobile
Quote Ref: WS1

Our online quote and buy facilities will be offline on 20th of January for essential maintenance from 9am to 10am and again at 8pm to 9pm we apologise for the inconvenience.

New study suggests over one in ten landlords will reduce their portfolio within 5 years


The Council of Mortgage Lenders (CML) recently commissioned a survey of UK landlords to find out more about landlords, their motivations, and aspirations.

The study of 2,500 UK landlords - which was carried out by the London School of Economics on behalf of the CML – found that:

  • around 49% own all their property outright, with no mortgage debt at all;
  • 47% of the rented properties in the survey are backed by a buy-to-let (BTL) mortgage;
  • 62% own a single rented property, with BTL landlords more likely to have a multi-property portfolio than other landlords.

Why become a landlord?

The main reasons the respondents became a landlord were: 

  • as part of their pension planning;
  • for capital growth and income;
  • in preference to other investments;
  • to supplement earnings.

Future plans

The survey suggests that more landlords expect to reduce their property portfolios than increase them with: 

  • 6% of landlords expecting to reduce their portfolios over the next 12 months;
  • 14% expecting to do so over the next five years;
  • 5% of BTL landlords saying they will divest during the next 12 months;
  • 11% of BTL landlords expecting to reduce their portfolios during the next five years.

The reason for reducing a property portfolio was mainly as part of a planned exit.

21% of landlords, however, said any element of tax changes influenced their decision to sell while 36% of BTL landlords said tax featured as an element in their future plans. 

The full survey can be accessed from the CML website.