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5/12/25 4:43 pm
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The number of ‘accidental’ landlords who rent out a single property has halved over the past 15 years, a leading buy-to-let mortgage expert has revealed.
Dan Clinton, who is head of buy-to-let lending at The Mortgage Works, says research shows shows that professional ‘portfolio landlords’ have become the largest demographic within the private rented sector.
Speaking during a podcast interview with LandlordZONE – watch it in full below – Clinton said: “If you compare trends going back to 2010 then the number of ‘individual property’ landlords has halved and the portfolio landlord is a growing demographic within the landlord population”.
He also said this has driven an increase in the number of landlords who own properties through limited companies.
“We were one of the first bigger lenders to enter the ‘limited company’ mortgage market back in 2018 and this kind of ownership is now very popular – and is the primary way for landlords and investors in the higher tax brackets to buy properties now – and we expect that to continue," he added
Clinton’s colleague, Nationwide’s Senior Economist Andrew Harvey (pictured), was also featured within the podcast, warning that the cost of living crisis facing many tenants, as well as the abolishment of section 21 evictions, will mean many landlords of all types are going to become more selective when referencing prospective tenants.
Clinton agreed, saying that until landlords and lenders have more clarity on court reform and certainty around the timescales when evicting tenants who have built up significant arrears, landlords will be more ‘choosey’ about who they rent to.
“This has consequences for lenders too because a landlord facing tenants in arrears risks getting into arrears too with their mortgage payments but what I would say is that the controls that lenders have in place to mitigate this are really strong, landlord mortgage arrears levels are low – ours are some of the lowest within the industry – and compared to homeowner loans, landlord ones tend to be less leveraged because loan-to-value caps are much lower,” he says.
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