A mortgage provider has just announced they estimate that landlord assets will exceed £1 trillion by the end of next year's second quarter.

The lender reports that landlord's properties in the PRS is valued at £930.7 billion, having  risen by £302 billion since 2009.

Putting the £930.7 billion into perspective, this is roughly half of the UK's yearly spend on food.

 
This figure is three and half times the landlords' assets worth in 2001 and of course a large part of this is due to the increase in the buy-to-let sector.

The demographics for the value, unsurprisingly, has the capital at the top with 41%, over a quarter of its population are currently renting (the national average is 18%).

The second largest value is held by the South East at 15%.

It is predicted for 2016 that nearly 20 per cent of households 5 million, will be living in rented accommodation.
 
Chief executive of the lender, Andy Golding, said: 'Buy-to-let property is going from strength-to-strength as an asset class in its own right. Landlords have benefitted from the recovery in house prices since 2009, which has pushed their wealth to within touching distance of £1trillion. But as the sector's value marches upwards, the main impetus has come from the growth in the number of households as demand from tenants continues to climb.'