Despite the widely publicised exodus of renters from UK cities looking for properties with greater space during the pandemic, the vast majority of landlords say that they will continue to focus on urban rather than rural investments this year.
According to research from Accommodation.co.uk, the majority of UK landlords still see property as a buoyant sector and a safe place to invest in the long-term with 66% expecting house prices to rise in 2021 as the world starts to return to a new normal.
As the UK begin 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 research also delved into whether landlords believe that Brexit will have a negative effect on house prices and nearly half (46%) of landlords think the UK leaving the EU will impact the property market negatively. With the property market just starting to recover from the global pandemic the true impact of Brexit, if there is one, has yet to been seen.
Aaron Short, Founder and CEO at Accommodation.co.uk, comments: “We are always listening to our landlords and tenants to ensure our proposition remains current and reflects the needs of the market and this is why the National Landlord Index remains so important. Understanding how landlords perceive the market and what impact COVID and Brexit are having will determine the shape of the future lettings market. It is great to see landlords positive about the market this year and this certainly mirrors the growth we have seen at Accommodation.co.uk
“At Accommodation.co.uk we have been at the forefront of updating this archaic industry and we believe our award-winning model offers tenants and landlords the best solution in the current market.”