Majority of property investors in UK set to expand their portfolios this year

A majority of property professionals investing in the UK are set to expand their portfolios in 2019, remaining resilient despite a backdrop of uncertainty and squeeze on affordability. Some 80% of investors said they plan to increase their portfolios this year while 20% said they are not making any changes in 2019, according to the poll by MT Finance, but none said they would reduce their investment. Of the 80% looking to expand their portfolios, 39% are looking to buy in the South East of England, 25% in Wales, followed by 13% in the Midlands. Whilst 16% revealed that would not be buying property in the UK and none are set to buy in London which is currently considered too expensive.