Despite widespread concerns about increasing costs and legislation in the buy-to-let sector, the majority of landlords are planning on growing their portfolios over the next 12 months, according to new research.

Lendlord boss Aviram Shahar says its 2025 Landlord Sentiment Survey shows that, while uncertainty around mortgage rates and regulation remains, landlords are not pulling back. The findings instead suggest a shift in mindset, with many seeking to add value through refurbishment, recycle capital through refinancing, and lean on tech to streamline operations.

Acquire, refinance or refurbish

The survey data reveals that seven in ten landlords plan to acquire, refinance or refurbish properties in the next 12 months, although 42% describe their approach as more cautious than six months ago.

40.4% of landlords are somewhat confident about the UK property market over the next 12 months, and almost six in ten (59.6%) are expecting property prices in their area to increase slightly. At the same time, there is also improving sentiment over finances, too, with 42.3% confident of securing suitable mortgages.

Regulatory uncertainty, though, remains a primary concern, with 67% expressing worry about the Renters Reform Bill.

Despite the headlines, landlords are not retreating from the market – they’re adapting.”

Shahar says: “Despite the headlines, landlords are not retreating from the market – they’re adapting. The sentiment is cautious, yes, but it’s also clear-eyed and pragmatic.

“Landlords are still finding ways to invest, recycle capital and manage their portfolios efficiently. What they need is support in making confident decisions, whether that’s running the numbers on a refurbishment or understanding how regulation might affect them.”

He adds that there has also been a: “Steady increase in digital and AI adoption, with more landlords turning to platforms like Lendlord for portfolio oversight, yield analysis and access to digital lending solutions.”