Landlord Sentiment Survey - Spring 2015

May 15th 2015
By: Acquarone

A recent landlord sentiment analysis pulling together the opinions of 1,234 UK landlords between March and April 2015 undertaken by LSL Property services has yielded some interesting predictions for the next year.

Increasing demand for lettings properties by tenants (+4% in 6 months) and a recent boost in lettings activity (+6.9% in month to march 2015) has perhaps unsurprisingly led to landlords anticipating the demand for rented accommodation to continue to increase. With only 3 % of landlords surveyed thinking that demand will decrease within the next couple of years.

Building on this sentiment 60% of landlords believe that now is a good time to invest in buy to let properties, up from 54% in September 2014. Almost a fifth (18%) of landlords surveyed had already seized the opportunity to expand their portfolio in the last year and a further 24% expected to purchase more rental property in the next year – an increase of 22% since September.

Whilst return on investment remains a key motivation for landlords investing in buy to let properties over half (62%) suggested that having trustworthy tenants is the most important, with tenants that pay on time being rated as second (25%). Surprisingly, securing the highest yield on the buy-to-let investment was ranked bottom of landlords’ priorities, reflecting the most important factor for only 4% of those polled.

If you would like to know more about our local lettings markets then please get in touch with us by popping into one of our local offices or by calling 0844 8111090.

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