The research also states that 62.5% of investors plan to grow their portfolio in the year ahead, showing a confident outlook for 2024. 27.5% replied that they are thinking of maintaining their portfolio’s current size, and 8.5% said that they want to exit the market.
Of those hoping to acquire more properties this year, most investors (70.5%) hope to diversify their portfolios from a geographical and sectoral perspective.
The majority of respondents believe that the value of their portfolio will rise over the next 12 months, with 81% saying they anticipate this to be the case. 31% said they think it will grow by more than 20% and close to 50% responded with a more modest increase of around 5%.
James Sproule, UK Chief Economist, at Handelsbanken said: “While headlines over the coming months are likely to be dominated by the general election, interest rate cuts and the ongoing cost of living crisis, these factors don’t seem to be jeopardising investors’ upbeat mindset.”
“The adjustments to capital valuations, often masked by inflation, as well as increases to rents, have resulted in property once again delivering a premium over gilt yields – and opened up the potential for attractive opportunities as the economic recovery progresses.”
Learn More: What is a property investor? Find out more about this and how to get into investment property with our RWinvest guides.
