While an overwhelming proportion, 89%, also believe it would benefit from more lenders or greater competition.
However, although many landlords were dissatisfied with the current range of buy-to-let products on the market, the research found that property acquisition is in fact on the rise with one-in-ten landlords having added properties to their portfolios over the last three months and one-in-five expecting to do so in the next year.
Furthermore, more than half of landlords surveyed do not believe that access to buy-to-let mortgages is getting any easier, with three-in-five agreeing that their individual circumstances as landlords are not being considered by buy-to-let lenders.
David Salusbury, chairman of the NLA, says: “Early signs of increasing property acquisition suggest that landlords are feeling more confident about future prospects of the buy-to-let market.
“However, while these findings are encouraging, some professional landlords, with more extensive portfolios, seem to be struggling to secure funds for additional expansion.
“The private-rented sector is playing an increasingly important role in the provision of housing. Buy-to-let products must be sustainable, with consideration for the longer term, if the private-rented sector is to rise to this challenge.”