As well as this, 14% said they aim to buy more properties than they had initially planned, and 67% said that they have confidence in the market over the next 12 months.
Just over one in 10 (13%) landlords planned to buy properties in a new location. Of these, 36% planned to buy in urban locations, while 30% were considering more rural locations.
The North was particularly popular, as 23% of those landlords who intended to extend their portfolio were planning to buy there.
Meanwhile, 12% said were looking to buy a different type of property, with semi-detached houses (34%) and terraced houses (31%) being the two most popular options.
Tenants continue to favour properties with outside space attached, but flats still remain a popular option (27%).
Emma Cox, sales director at Shawbrook Bank, said: “The resilience of the UK property market is clear from our research.
“Despite the hurdles caused by the pandemic, the market has stood firm and house prices have continued to soar in price.
“This has created attractive opportunities for investors and property developers, whose confidence in the market has grown over the last 12 months.
“Their buying activity and trends show that the market is likely to remain strong over the short term.
“Indeed, with 2021 announced as the ‘busiest year’ for the housing market according to Zoopla, despite recent falls in transactions, it’s clear that the market has fully rebounded from the lows of the pandemic.
“As supply continues to be low, it’s unlikely that we’ll see house price growth slow significantly and as we move into January next year following the seasonal slowdown over Christmas, property investors will be seeking further opportunities to expand their portfolios.”
