A new survey reveals that 52% of UK landlords feel positive about the market, versus 16% feeling negative (the rest are in between). Conducted by the agency Your Move, the survey also found that landlords consider ongoing maintenance and potential long-term profits as their biggest considerations. Brexit was shown to be a low level concern. Overall, most landlords are thinking about the long term, as 64% said they aren’t likely to sell a property within the next year. Martyn Alderton of Your Move says that some trepidation is understandable.
Key Takeaways:
- Most of the UK landlords are feeling positive about the industry of buy and let.
- The most important things to landlords are the maintenance and upkeep costs.
- Research has shown that landlords are in it for the long haul and that is good for the industry all around.
“The survey also reveals that the two most important considerations to landlords are ongoing maintenance and upkeep costs, cited by 83%, while 80% mentioned the potential to make a long term profit.”
Read more: https://www.propertywire.com/news/uk/half-uk-landlords-optimistic-outlook-buy-let/
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