More first-time landlords are entering the buy-to-let market, tempted by a growing choice of mortgage deals.
Some 22% of intermediaries' buy-to-let business now comes from first-time landlords, up from 20% last year, according to the latest confidence tracking survey from Paragon Mortgages.
The number of landlords looking to expand their portfolios has also risen to 38%, up from 33% last year, as the buy-to-let revival continues.
And 57% of intermediaries have reported an improvement in the availability of buy-to-let finance.
More than half the intermediaries surveyed reported an improvement in the availability of buy-to-let finance, including 10% who said that, in their view, availability had improved significantly.
John Heron, director of mortgages at Paragon, said: “We have seen over the past two years a steady rise in the number of first-time landlords entering the market. It would seem that an investment in property is increasingly attractive against a background of low returns on cash and volatility in global markets.
“With perceptions shifting in terms of the improved availability of buy-to-let finance too, the lending industry is in a good place to support the ambitions of both new and experienced landlords”.
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