A new report suggests that more landlords plan to expand their property portfolios than sell-off, but what does this mean in light of the challenges we face?
Landlord Optimism
A recent survey conducted by Market Financial Solutions shows that more landlords plan to purchase this year (36%) than sell properties (9%).
Predictions for house prices play a large part in this positive outlook, with over half (54%) expecting a rise in house prices over the next 12 months. A further 43% expect rental yields to increase over the same period.
This is a really positive result for the market, as property investors currently face many challenges, from the Renters’ Rights Bill to the 5% Stamp Duty surcharge. The results are a testament to landlords' agility.
What’s Concerning Landlords?
The expected rise in rental yields, however, does raise concerns. 41% of respondents are concerned about how tenants will pay higher rents, with inflation and a higher cost of living impacting budgets.
Furthermore, 35% worry about the impact of economic or political instability on the property market, with just 27% concerned about increased regulation of the PRS.
How Can Landlords Navigate These Challenges?
Paresh Raja, the CEO of Market Financial Solutions, notes that seeing landlords confident about the market outlook is encouraging. However, we cannot ignore the concerns.
Whilst mortgage rates are falling, with more competitive deals for you to explore, it’s essential landlords have the support you need to navigate these changes.
Whether that’s help with:
- Funding EPC improvements
- Calculating Stamp Duty charges for property purchases
- Completing a portfolio review to find ways to save money
Next Steps
Our brokers are here to help.
We’re here to support you through tough legislation and market fluctuations. Our team can find the most cost-effective mortgage rate to suit your needs, giving you peace of mind and savings on your mortgage costs.
See what rates we can access you – call us on 0345 345 6788 or submit an enquiry here.
