The average market value of landlords’ investment property reached a record high of £1.70 million during the third quarter of 2018 which could prove to be a peak as landlords prepare for uncertainty.
Landlords are expecting values to soften and overall optimism is subdued, according to the latest private rented sector trends survey report from lender Paragon.
The survey shows that average portfolio values are now 6% higher than the £1.6 million recorded 10 years ago immediately prior to the global financial crisis. During the banking crisis, portfolio values fell sharply, dropping back to £1.35 million in the first quarter of 2009.