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3rd of landlords worried
about Brexit effect
35% of landlords think that leaving the
EU will have a negative impact on their ability to attract tenants in the
future, according to the latest findings form the National Landlords Association
(NLA).
The findings also show that 39% believe that Brexit will have no significant
impact on their business; 21% are unsure; while 5% believe it will have a
positive impact.
The research follows Prime Minister Teresa May's announcement at the
Conservative Party Conference that the process of the UK leaving the EU will be
triggered by March 2017.
Across the UK, the findings show that 55% of landlords in central London believe
Brexit will have a negative impact on their business; higher than any other
region.
22% of landlords in the North East think Brexit will have a negative impact;
the lowest proportion compared to other regions of the UK.
The findings also come as the NLA launches its new podcast series: Inside
Property.
The 1st 30 minute podcast, which is presented by Richard Blanco, focuses on
what life after Brexit will look like for landlords, and features guests:-
► Richard Bowser, Editor of Property Investor News.
► Chris Norris, Head of Policy at the NLA.
► Richard Donnell, Director of Research and Insight at Hometrack.
Richard Blanco said:- "These findings clearly show that a significant
proportion of landlords are concerned about what Brexit will mean for their
lettings business so we wanted to try to understand and make sense of the
situation.
We now know that Article 50 will be triggered soon, but landlords still have
lots of questions, like what will happen to rental demand as a consequence of
Brexit, will house prices fall, or should I rethink my investment strategy? The
1st episode of Inside Property will address all these questions and more".
Inside Property is available to
download. What are your views?
Please email them to our newsroom at:-
News24@southportReporter.com and let us know
what you think about this topic! |
