The National Landlord Index published by Accommodation.co.uk, has uncovered that nearly half (46%) of landlords in the UK believe that Brexit will have a negative effect on house prices in the long-term. With the property market just starting to recover from the global pandemic the true impact of Brexit, if there is one, hasn’t been seen yet.
The index did however reveal some positive news as the majority (66%) of landlords expect house prices to rise in 2021 as the world starts to return to a new normal. As the UK begins to see the benefits the vaccination has on the economy it is expected that the housing market will also see a positive impact after the turbulence of last year.
The Index also delved into whether landlords have been deterred from investing in cities due to the pandemic, but a vast majority (76%) are still keen to seek urban opportunities over rural ones. The report added that the majority of UK landlords still see property as a buoyant sector and a safe place to invest in the long-term.