Research from the estate and letting agency network Your Move revealed that just 16% of landlords were negative about the market, while 30% felt indifferent about being a landlord in the current economic and political climate.
Your Move’s landlord sentiment survey – which polled nearly 1,100 landlords in June – also revealed that the two most important considerations for landlords were ongoing maintenance and upkeep costs (83%), and the potential to make long-term profit (80%).
By contrast, the tenant fee ban (43%) and the potential impact of Brexit (32%) were the least important factors.
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In addition, the research revealed that nearly two-thirds of landlords (64%) claimed that they were unlikely to sell a property in the next year.
“Given the number of regulatory and tax changes in the buy-to-let market over the last few years, it wouldn’t be surprising if landlords felt some trepidation about the future,” said Martyn Alderton, national lettings director at Your Move.
“Our research shows the majority of landlords are in it for the long term and that’s important for the wellbeing of the private rental sector, providing much-needed homes for those who cannot yet afford, or do not wish to purchase due to lifestyle choices.”
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