Some 27 per cent of landlords consider an online letting agency to be a more attractive option for managing property than a traditional agency - with 31 per cent of landlords considering going online to save money.
A survey by property consultancy Allsop concludes: "It would not surprise us if the preference for online lettings grows in the coming years. A hybrid model of providing expert advice by technological advances, allows for innovative management and letting solutions."
The survey, conducted for Allsop by BDRC, also finds that 59 per cent of landlords believe recent government tax changes for the private rental sector will damage their profitability, while 41 per cent are considering incorporation.
Some 40 per cent of landlords anticipate rental growth over the next six months, in some cases to help the landlords themselves with their falling profits.
Another 37 per cent have reported increased demand from tenants in the past six months - up from just four per cent in the previous half-year period.