For latest show news visit www.landlordshow.info
industry news
news round
Got a news story worth telling?
email: press.release@aepmedia.co.uk
Election fears stall
landlord investment
Almost half of the UK’s private
residential landlords have halted plans
to expand their portfolios ahead of the
general election, reveals Urban.co.uk,
one of the UK’s most long-established
online estate agents.
Fluctuations in property prices,
changes
to
rental
regulations,
proposals for rent controls and taxes
are some of the biggest concerns
behind this landlord stalemate.
Ahead of its crowdfunding launch in
March, Urban.co.uk surveyed over 500
of the country’s landlords and found
that 26% were most concerned about
the changes to property prices that the
election could bring, while one fifth
were anxious about potential changes
to rental regulations and legislation.
The poll also showed that tax (16%)
and rent controls (10%) were playing
on landlords' minds.
With May’s general election fast
approaching, only a fifth of landlords
would consider expanding their
rental portfolios.
“With the main political parties
promising a range of measures
to appeal to the nation’s rising
generation of tenants, it is no surprise
that landlords are concerned about
changes to regulations, rental controls,
taxation and property prices,” said
Oliver Atkinson, co-founder and Chief
Executive of Urban.co.uk.
“The private rented sector has grown
rapidly in recent years and with the
housing shortage and subsequent rise
of ‘Generation Rent’, a greater focus
has been placed on tenant r