9% of UK adults have shown an interest in taking out a buy-to-let mortgage in 2018, meaning an extra 4.8 million people could become landlords in 2018, according to Sainsbury’s Bank research.

Of those taking out or considering a buy-to-let mortgage, over a third (35%) said a change in income had inspired them to do so, while 29% remain encouraged by the current opportunities to enter the market.

A quarter (25%) were considering a buy-to-let mortgage after receiving inheritance and many here may have found themselves “accidental landlords”. Yet the research indicates that two in three (64%) of UK adults don’t know what consumer buy-to-let mortgages are.

 

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