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Buy To Let sentiment downbeat for many landlords

A new sentiment survey suggests that only a minority of landlords are now feeling positive about the future of buy to let.

The study, by Landbay, shows that 19 per cent of landlords currently feel negatively about their business while 35 per cent are neutral but cite market uncertainty, government interference and negativity towards landlords as concerns.

Just 26 per cent of portfolio landlords with four to 10 properties are positive.

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The more positive respondents identify high occupancy rates with continued high demand and strong yields as plus points for the sector now.

Others say good quality landlords will thrive thanks to sound management and responsive service to tenants.

Paul Brett, managing director of intermediaries at Landbay, comments: “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.

“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.”

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