Landlords with bigger portfolios more likely to invest further

British landlords now have an average of 13.1 properties in their portfolio, up from 12.8 properties three months ago, the latest figures show. Those with bigger property portfolios are more likely to add to their investment than those with a fewer number of properties and investment in HMOs are rising, the research from Paragon shows. It also shows that landlords with between 11 and 20 properties have grown as a proportion of the survey population from 14% to 18%. As a result, average portfolio values are getting higher, rising from £1.68 million in the first quarter of 2019 to an all-time high of £1.76 million.