Landlord Confidence Hits Seven-Year Low

Only 29 per cent of landlords had positive expectations for their letting business over the next three months, down from 44 per cent the same time last year and an “historic low”. The BVA BDRC Landlords Panel surveyed over 700 active landlords in Q2 2019 using five confidence indices – capital gains, rental yields, UK financial market, UK private sector and own letting business. Confidence in capital gains fell to 23 per cent in the quarter, from 32 per cent in Q2 2018, and prospects for rental yields dropped 10 per cent from 49 per cent in the second quarter of 2018 to 39 per cent in the second quarter 2019, the lowest recorded in more than nine years. Read more on the Mortgage Solutions website.

https://www.mortgagesolutions.co.uk/specialist-lending/2019/08/22/landlord-confidence-hits-seven-year-low/