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Most landlords who voted Labour wouldn’t do it again, a new survey has revealed.
The landlord survey revealed that 80% of those who voted Labour wouldn’t vote the same way again if they had known that the Chancellor would increase Stamp Duty on second homes and investment properties.
Some 19% of landlords reported that they had voted Labour, a 7% rise on the 12% who said they had intended to vote Labour in our last survey in the spring.
Almost two-thirds – 63% – of all landlords said they were unimpressed with the government’s housing market policies so far.
The survey has demonstrated that what seems to be affecting landlord confidence most is a feeling that landlords are being tarred with the same brush as ‘rogue landlords’, according to Landbay, which carried out the survey.
Rob Stanton, sales and distribution director at Landbay, said: “Good landlords far outweigh the bad and the rental market is remarkably robust and thriving. Demand continues to outstrip supply with many tenants ready and willing to rent across the country. As long as house prices are high, affordability will remain a real challenge for residential buyers.
“At Landbay, we are finding that, while some disaffected landlords are sitting on their hands, others are exploring investment opportunities across the country. There is always a place for decent, sensibly priced rental properties.
“What the buy-to-let sector really needs now is a confidence boost. With encouragement and support, the sector can continue to play an important role in helping solve the housing crisis.”
Tenants ‘are suffering’ as BTL landlords flee the market and stock falls
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