Apparently round 69 per cent of landlords are planning or have already increased their number of properties in their portfolios and is now increased to 77 per cent of professional landlords.

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This is according to a bank services provider’s survey where currently 42 per cent of landlords admit they are positive about what the future has in store for them, with one in five of professional landlords are extremely optimistic.

Reflecting upon the steady rise of professional landlords, 65 per cent are thinking of or have switched to becoming limited companies or incorporated entities.

Over two-thirds are either planning to invest or have already done so to get a start ahead of the new regulations that will hit the sector, whilst 58 per cent are planning or have already increased their staff.

A spokesperson for the banking services group says: “Landlords play a critical role in society, and this research clearly demonstrates that they are optimistic and committed to the future of the sector.

“The actions landlords are taking, such as future financial planning, investing in the growth of their businesses, and building better tenant relationships, are a clear sign of their drive to improve the PRS for the long-term despite the many headwinds. We hope to see this continue over the next 12 months and longer”.