We had over 250 responses to our November Landlord Sentiment Survey. Given the private rented sector is facing a number of changes, we asked about landlord confidence, market challenges, including the Renters’ Rights Bill and the appetite to buy and sell investments.
The survey suggested that landlords have less confidence now than a year ago. It has reduced the most in response to the Renters’ Rights Bill and more significantly for landlords with a larger property portfolio. It also suggested landlords’ top concerns include the ability to make a profit and the Renter’s Rights Bill, especially around increased notice periods to recover possession and the abolition of Section 21. The overall view on future investment was muted. However, when considering whether to dispose of current property, the view was mixed and varied depending on how the current portfolio was funded.