Thursday, 15 August 2019

Landlord Confidence Hits Record Low


Landlord confidence in their own lettings business has reached a record low, according to research* by the National Landlords Association (NLA). In the NLA’s survey for Q2 2019, only 29 percent of landlords said their business expectations for the next three months were good or very good, the lowest level since the survey began in Q4 2006. Confidence levels dropped significantly in the second half of 2015 in response to George Osborne’s changes to landlord taxation, but had until now remained above 35 percent. This represents a marked shift in confidence since the Government announced its proposal to abolish section 21 no-fault evictions. Read more on the NLA website.

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