Over a fifth of landlords are expecting to invest in another property over the next three months, according to figures from buy-to-let mortgage lender Paragon Mortgages.
Furthermore, the average portfolio size has increased to an impressive 14 properties, independent.co.uk revealed.
Research from the lender shows a rise in the average size of landlords' property portfolios during the past three months, from an average of 12.9 properties in January to March 2011 to 14.1 in the same period a year later. In addition, 12.5 was the average portfolio size this time last year.
Of those landlords who are planning to stump up the cash for an additional property, 49 per cent will be investing in terraced property while 26 per cent are expecting to buy flats or maisonettes. Around 23 per cent are hoping to purchase semi-detached houses, which could interest letting agents surveying the market.
John Heron, managing director of Paragon Mortgages, commented on the research on mortgagesolutions.co.uk: "The issues around housing supply are well documented and have been hotly debated over the past few months in particular.
"However, what our research shows is that landlords are investing further in PRS property and they look set to continue to buy over the coming quarters. Whilst this will not solve the problems around supply it will make a valuable contribution."