Some 51% of landlords believe that future government U-turns on both stamp duty increases on additional property and cuts to mortgage interest tax relief could stimulate the BTL and private rental sectors, according to the latest research
The study by Foundation Home Loans revealed that 22% of landlords thought that staying in the EU would boost confidence in the sector, while 14% felt that securing the UK’s withdrawal from the EU would be the most beneficial.
Other highlights from the research included:
“There is a continued appetite to be active in this sector and a recognition of the strong demand for quality properties from tenants,” said Jeff Knight, director of marketing at Foundation Home Loans (pictured above).
“That being the case, we might anticipate that demand for mortgage advice and BTL mortgages will continue to grow, although many are clearly worried about the current economic uncertainty and what might happen in a post-Brexit world.”
