Next 12 months 'will be good for landlords'

The vast majority of landlords are planning on investing in more property over the next 12 months, research suggests.

Despite the fact that 90 per cent of landlords expect interest rates to increase further in the period, seven in ten still plan to increase their portfolio size in the coming year, a study by the Property Investor Show indicates.

Nick Clark, managing director of The Property Investor Show, commented: "The continuing rise in house prices and interest rates appear to have had little adverse effect on the property investing public, who still view property as the best investment for their long-term future.

"This year the survey has revealed how optimistic the public remains about property investment, demonstrating for many would-be investors that today's market remains a popular vehicle in comparison to other established avenues."

An early study from the Mortgage Trust claimed that landlords plan to double the size of their portfolio over the nextfive years.