The vast majority of landlords are unperturbed by the cuts in buy to let tax relief announced in the summer budget with just 10% planning to sell up as a result, Barclays has said.
The research also found that just 23% said they would even consider the idea of selling their buy to let property.
Regions that have seen a significant increase in buy to let properties purchased include Birmingham, which may be attributed to the planned HS2 train line to London, which is set to begin construction in 2017.
Greater London areas such as Slough, which attracts some of the UK's largest businesses, are continuing to do well, as are popular university towns such as Bristol, Nottingham and Manchester.
Plymouth has seen one of the biggest jumps in buy to let properties purchased, shooting from 212th in the Barclays ranking last year, to 16th in 2015.
Barclays said its growing economy and £90m investment pledge from the government as part of their support for seaside towns may be the reason behind the growing surge in the rental market, as more businesses flock to the South West.
The survey of UK buy to let homeowners found three quarters choose to purchase their property in order to invest in their family's future, including retirement and supplementing university fees.
Over 75% of buy to let properties owners own more than one property, with those in Bradford and Glasgow leading the way, averaging eight properties per person.
Good structural conditions, strong transport links and capital growth prospects were stated as the main attractions for investors of buy to let. When it comes to inside the house, minimal renovation was stated as the most important attribute.
Andy Gray, Barclays managing director of mortgages, said: "It's encouraging to see homeowners are still feeling confident about the rental market and view buy to let as a valuable way to support their finances.
"Whilst London still leads all things buy to let, areas like Plymouth and Peterborough show there are some great value hot spots outside the capital city that are worth investment as the economy grows.
"For those considering buy to let, we encourage you to speak to our mortgage advisor on what are the best options for your situation."