The review, which was conducted by The Wriglesworth Consultancy, concluded that P2P finance will redistribute the profits of buy-to-let from lenders to normal investors.
It also backed the stability of buy-to-let, stating that the industry in its current form would survive a new recession similar or worse than was experienced in 2008.
The research predicted that the high price of buy-to-let finance will leave a gap for P2P mortgage lender, as average mortgage rates are more than a third more expensive for landlords than for owner-occupiers.
John Goodall, cofounder and chief executive of Landbay, said: “The world has changed. Now everyone has access to the sorts of markets that were once the preserve of large financial institutions.
“A new energy for more inclusive finance, combined with new technology, is revolutionising the world of saving and borrowing.
“This has only just begun, and over the long-term the impact of these fundamental changes will be far greater than was at first envisioned.”
The report added that P2P lending secured against buy-to-let has a natural stability against economic shocks in contrast to other forms of P2P finance such as unsecured personal loans to consumers, business credit, other types of direct P2P property ownership and development finance.
Goodall added: “All peer-to-peer finance is relatively new – but it would be an enormous mistake to assume that means this broad swathe of lending is in any way uniform.
“Combining P2P lending with the backstop of income-producing property as security can create an entirely different class of investment – while shaking up competition in the world of mortgage lending.”