{"id":15665,"date":"2018-04-23T14:15:39","date_gmt":"2018-04-23T13:15:39","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=15665"},"modified":"2018-04-23T14:15:39","modified_gmt":"2018-04-23T13:15:39","slug":"leave-remain-how-uk-landlords-voted-on-brexit","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-us\/news\/leave-remain-how-uk-landlords-voted-on-brexit\/","title":{"rendered":"Leave or remain? This is how UK landlords voted on Brexit"},"content":{"rendered":"

The majority of buy-to-let landlords voted to remain in the EU in the June 2016 referendum, it has emerged, while many see Brexit as a threat to the industry.<\/strong><\/p>\n

A survey by Intus Lettings looking at how landlords voted on Brexit found that 52% had voted to stay in the EU, while 43% were in the Leave camp and the remainder didn’t vote.<\/p>\n

The poll also found that 27% see our exit from the European Union as a threat to the buy-to-let industry<\/a>, which was reiterated in BuyAssociation’s recent investor survey<\/a> where industry professionals cited Brexit as their top concern at the moment.<\/p>\n

However, almost a quarter (22%) of respondents in the Intus survey said that they saw Brexit as an opportunity<\/a>, while 12% think that it will lead to increased demand in the rental market and 41% believe demand will be unaffected by the outcome.<\/p>\n

Where are landlords the most optimistic?<\/h4>\n

Regionally, more than half of north-west landlords<\/a> (54%) voted to leave the EU, along with 53% of East Midlands landlords and 52% of those in the south-west<\/a>. The north-east appears to be the most optimistic area, as 38% of landlords said they saw Brexit as an opportunity, while at the other end of the spectrum London landlords were the most pessimistic with 39% seeing it as a threat.<\/p>\n

Hope McKendrick, letting manager at Intus Lettings, commented: “It\u2019s fascinating to see that, were it up to landlords, we wouldn\u2019t be leaving the EU.<\/p>\n

“It\u2019s likely that concerns around freedom of movement and the rights of EU nationals<\/a> living in the UK influenced their decision, with such citizens making up a substantial proportion of renters in this country.”<\/p><\/blockquote>\n

With around 40% of existing landlords planning on expanding their property portfolios<\/a> over the next five years according to Intus, it seems that overall the market is extremely positive about the future despite all the uncertainty and potential upheaval Brexit could cause.<\/p>\n

McKendrick added: “As long as landlords do their research and choose the right type of property<\/a> in the right area, they can still expect to generate substantial yields for years to come.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The majority of buy-to-let landlords voted to remain in the EU in the June 2016 referendum, it has emerged, while many see Brexit as a threat to the industry. A survey by Intus Lettings looking at how landlords voted on Brexit found that 52% had voted to stay in the EU, while 43% were in… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":15677,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,59],"tags":[344,15,341],"class_list":["post-15665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buy-to-let-landlords","category-trending-news","tag-brexit","tag-landlords","tag-newsletter"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/15665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/comments?post=15665"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/15665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media\/15677"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media?parent=15665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/categories?post=15665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/tags?post=15665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}