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One-third of landlords worried about Brexit effect

Around 35% of landlords think that leaving the EU will have a negative impact on their ability to attract tenants in the future, according to the latest findings form the National Landlords Association (NLA).

The findings also show that 39% believe that Brexit will have no significant impact on their business; 21% are unsure; while 5% believe it will have a positive impact.

The research follows Prime Minister Teresa May’s announcement at the Conservative Party Conference that the process of the UK leaving the EU will be triggered by March 2017.

Across the UK, the findings show that more than half of landlords in central London (55 %) believe Brexit will have a negative impact on their business – higher than any other region.

Just over a fifth of landlords in the North East (22%) think Brexit will have a negative impact – the lowest proportion compared to other regions of the UK.

The findings also come as the NLA launches its new podcast series: Inside Property.

The first 30 minute podcast, which is presented by regional representative at the NLA Richard Blanco, focuses on what life after Brexit will look like for landlords, and features guests:

  • Richard Bowser, Editor of Property Investor News
  • Chris Norris, Head of Policy at the NLA
  • Richard Donnell, Director of Research and Insight at Hometrack.

Inside Property is available to download now from http://insideproperty.org.uk.

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