As the world slowly emerges from the worst of the tsunami that began with the 2020 pandemic, various industries are shaking the water off their ducks and trying to get them marching along in a straight line again. Across the UK, in the housing market, it seems a number of those in the industry are feeling at least moderately optimistic. Recent polling shows that about half of the UK landlords surveyed feel that their industry outlook is positive. Approximately a third felt disinclined to put a pin it either way. This left less than 20% feeling actively negative vis a vis their economic outlook as landlords in the post-pandemic world. Even with Brexit looming and a number of regulatory shifts and an emphasis on improving social housing, most landlords felt that their biggest concern was maintaining properties. Most felt that they would not consider letting a property go within the coming year.
Key Takeaways:
- A recently instituted survey shows that more than half of the landlords surveyed in the UK remain optimistic about the buy to let industry.
- In the wake of many regulatory shifts in the buy to let sector, more than 15% felt a bit negative about the outlook of their industry.
- Brexit posed a serious problem in the eyes of about 30% of those polled.
“The survey also reveals that the two most important considerations to landlords are ongoing maintenance and upkeep costs, cited by 83%”
Read more: https://www.propertywire.com/news/uk/half-uk-landlords-optimistic-outlook-buy-let/
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