Uncertainty is the only certainty for UK landlords post-Brexit

London

BRITISH landlords are unsure or concerned about the consequences of "Brexit" for the private rental sector, according to research consultancy BDRC Continental. In a post-referendum survey of landlords published on Friday, 40 per cent said they think the vote to leave the European Union (EU) will have a negative effect on the sector and a quarter said they were uncertain what the impact would be. In a separate question on how the referendum would influence their own lettings business, 43 per cent said they expected no impact.

"Attitudes and future intentions vary widely, with an underlying current that the only certainty is that there is no certainty," said Mark Long, director at BDRC Continental. "Factors that will determine how private landlords weather the storm include their exposure to EU residents and the extent to which they have strong underlying profitability across their lettings portfolios."