At least that’s according to the latest Landlord Survey from specialist lender CHL Mortgages.
The study reveals that 72 per cent of all respondents say they’re feeling positive about the future of buy-to-let.
That is up from a figure of 67 per cent in the summer of 2011 – and up 64 per cent compared to 12 months ago.
Increased positivity from buy-to-let sector landlords was also visible with a rise in the number of landlords who plan to buy more investment properties.
The research finds that 35 per cent of respondents planned to make further acquisitions, up from 33 per cent, over the summer months.
Landlord insurance holders were also more positive about current demand for rental properties.
As many as 88 per cent report their rental income is sufficient to cover their mortgage payments, as well as management and maintenance fees.
Those who are looking to purchase more property say they are still constrained by both a lack of available funding for both new purchases and remortgage (40 per cent) and the high deposit requirements (37 per cent) that come with buy-to-let products.
Only 7 per cent cite a lack of available stock as a reason why they are unable to purchase.
CHL believes this is further proof of the growing demand for private rental properties and that rental yields for residential investment properties continue to increase.
80 per cent of buy to let house insurance hodlers are not making any overpayments on their borrowings.
If the Bank of England were to increase Bank Base Rate to 5 per cent over the next couple of years, 31 per cent said they would have to increase rents to cover their mortgage.
Jannie Vermeulen is Head of Credit Risk at CHL Mortgages.
Says: “We normally only conduct our Landlord Survey every year however with this extra iteration we wanted to gauge whether the growing positivity we had witnessed during the summer had increased just three months later.
The research reveals that buy-to-let landlords are increasingly bullish about the state of the sector and their place in it.
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