Call us
    t: 01480 218200e: info@lovettsalesandlettings.co.uk
    Get a Valuation
    Register
    LogoLogo
    Home/News/Landlords: how to expand your buy-to-let portfolio in 2021

    Landlords: how to expand your buy-to-let portfolio in 2021

    about 4 years ago
    Lettings
    Landlords: how to expand your buy-to-let portfolio in 2021

    The intention to invest in property looks as strong as ever and while there are signs that new landlords are hoping to enter the market, there is also mounting evidence to suggest existing investors are looking to grow their buy-to-let portfolios in 2021.

    When 900 landlords were questioned about their future plans by one specialist mortgage lender, the results showed 19% of respondents intended to purchase additional buy-to-lets in the coming 12 months.  

    Those already managing larger portfolios were found to be the keenest to buy extra investment properties, with 31% of those with eleven to nineteen properties harbouring expansion plans. Additionally, 28% of those who manage twenty or more buy-to-lets intend to increase the number of investment properties they have.

    Ways to expand your buy-to-let portfolio:

    If you are an existing landlord with plans to purchase more buy-to-let properties, you may like to consider the following options:

    • Buy a property with sitting tenants already in place: also known as ‘tenants in situ’, sitting tenants are long–term residents and it’s quite common for a landlord to sell a property with renters as part of the package. Homes with sitting tenants tend to appeal to experienced landlords so if you’ve already got a portfolio, you may like to add a ‘ready made’ let to your collection. As a note of caution, some mortgage lenders will not loan on properties with sitting tenants, so seek financial advice.
    • Remortgage to release equity: if you want to add to your buy-to-let portfolio and have equity in your existing properties, remortgaging can free up cash to use as a deposit on a new investment property. There are specialist lenders who look after portfolio landlords who own 10 properties or more, and they can advise on matters of first and second-charge lending.
    • Take out a loan: if an unmissable opportunity presents itself and you want to add it to your portfolio, a loan may be the quickest way to finance a purchase. Both personal and bridging loans are available but investors will need to scrutinise the interest rates and repayment terms to ensure the numbers stack up.
    • Draw down on your pension: did you know that over 55s can withdraw some or all of their pension pot? You’ll have to weigh up the tax implications and how this may affect your future income but drawing down is one way to access a lump sum of money that can be used as a buy-to-let deposit. 
    • Find a property investment partner: if you have some but not all of the money required to make an additional buy-to-let purchase, you might consider finding a friend or family member to join you in your next venture. We can advise you on the purchasing side of any arrangement, such as joint tenancy versus tenancy in common, and a mortgage broker will talk you through joint financing strategies.

    If you would like any lettings, property management or buy-to-let purchasing advice, please contact our team today.

    Share this article

    More Articles

    More than half of under 34s hope to become a landlord

    More than half of under 34s hope to become a landlord

    Published 5 days ago

    Younger Millennials (born between 1991 and 1996) and those in Generation Z (1997-2012) still see a future in property investment. That was the surprising finding of a new survey of 2,000 UK adults conducted by Opinium on behalf of Market Financial Solutions.

    Read More
    A tenant’s guide to the Renters’ Rights Bill

    A tenant’s guide to the Renters’ Rights Bill

    Published about 1 month ago

    The Renters’ Rights Bill has taken another step towards becoming law. With no major amendments expected, it’s now that tenants should take notice of the Bill’s contents.

    Read More
    Renters Rights Bill Simplified & Current Status

    Renters Rights Bill Simplified & Current Status

    Published 2 months ago

    The renters rights bill is a significant development in the UK housing market, aiming to enhance tenant protection and improve the rental experience. This article explores the bill's objectives, current status, and implications for both tenants and landlords.

    Read More

    Sign up for our newsletter

    Subscribe to receive the latest property market information to your inbox, full of market knowledge and tips for your home.

    You may unsubscribe at any time. See our Privacy Policy.

    Back to Home

    Quick Links 

    Why sell with Lovett?
    Letting with Lovett
    Guide to renting
    Guide to buying

     About us 

    The Lovett Story
    Meet the team
    Our happy ever afters
    Get in touch

    How to find us 

    24 Market Square, St Neots
    Cambridgeshire PE19 2AF
    t: 01480 218200
    Email us

    RightMove
    SafeAgent
    ThePropertyOmbudsman
    Logo
    © 2025 Lovett Sales & Lettings
    Privacy Policy|Terms & Conditions|Cookie Policy
    Powered by