Landlords remain positive about the prospects of their buy-to-let businesses and the economy, despite the challenges facing the sector, according to the latest survey from Landbay.
The survey found that almost half of landlords (46%) feel positive about the future of their investments, with 41% of landlords with 11-20 properties feeling optimistic.
Those who were positive cited high occupancy rates, continued demand, and strong rental yields as reasons for their confidence.
Others pointed to sound management and good service as key factors that will separate established landlords from new entrants impacted by regulation and tax changes.
Although only 19% of landlords feel negatively about their businesses, 35% remain neutral, citing general uncertainty in the market, Government interference, and negative sentiment towards landlords as key concerns.
The survey also asked landlords for their views on the UK economy, with almost the same number (44%) feeling positive about its future and expecting it to bounce back.
The survey’s aim is to identify the key issues facing landlords and establish their opinions on the future of the buy-to-let market.
Landlords were also asked about their plans for their properties or portfolios, for rent, and for remortgaging.
Paul Brett, managing director, intermediaries at Landbay, said: “It’s certainly encouraging to see a strong proportion of landlords remaining positive about the future prospects of both their business and the UK economy.
“After all, landlords play a critical role in the wider housing mix in the UK, with one-in-five households in England and Wales relying on rented housing.”
Brett added: “As a lender to the buy-to-let market, we’re incredibly positive about the future of the sector and remain driven to support our customers through a diverse product range.
“Whilst some may still feel unsure based on the current uncertainty and government policy, there are still plenty of reasons to be optimistic.
“Not only are lenders like us ready and willing to lend, but tenants across the country are ready to rent.”
