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Research & Publication
Tuesday 18th of August 2020

The Buy to Let Market In 2020 – How Coronavirus has affected Landlords

The lay of the land

Before the coronavirus crisis kicked in, tax changes in the buy-to-let market had already hit landlords hard. So how are they feeling now?

Well, better than you may have thought. Times have been tough for sure. But there’s a sense of optimism in the air. And it’s certainly not goodbye to buy-to-let.

The here and now

A temperature check

We spoke to buy-to-let landlords up and down the country to find out how they’re feeling about coronavirus.

How landlords see coronavirus Infographic

The cost of coronavirus

The majority of landlords have suffered financially during the pandemic. But it’s not all bad news. 

Landlords who have suffered rent arrears infographic
Landlords delayed buying a property infographic
Landlords delayed selling a property infographic
Landlords unaffected by the coronavirus outbreak infographic

Financial support

Lots of us have needed a helping hand to get through the coronavirus crisis. And landlords are no exception.

Split of landlords seeking financial support infographic

‘I’m uncertain of keeping rental properties as I feel the government has deliberately not supported private landlords.’

Looking to the future

Property prices

No one’s quite sure what’s going to happen with the property market over the next year or so. And it looks like landlords are divided when it comes to costs.

Landlords who believe property prices will go down after COVID statistic
Landlords who believe property prices will go up after COVID statistic

But landlords do agree on one thing. The impact on property prices will completely depend on where you are in the country.

How property prices will change after COVID pie chart

‘Cities may be hit harder. Homes with more space may be higher in demand.’

The problems

Financial support from the government and mortgage lenders has been warmly welcomed by landlords. But how will it impact them when it comes to getting a mortgage?

Landlords impacted by COVID infographic

And when it comes to their property portfolios, that’s not all landlords have to worry about.

Landlords who anticipate a recession infographic
Landlords who anticipate increased unemployment infographic
Landlords who anticipate increased taxes infographic
Shift from cities to rural areas infographic

‘We were thinking of buying another property, but with uncertainty about jobs, we’ve put this on hold.’

The opportunities 

Coronavirus threw us all a curveball. And there’ll be plenty more challenges ahead. But the landlords we spoke to are optimistic about the future. 

Since the last time we reviewed the buy-to-let landlord landscape, there’s been a 70% jump in the amount of landlords looking to increase their property portfolio. And 50% of landlords say coronavirus has had no impact on their investment plans whatsoever.

Landlords looking to buy more properties

Landlords buying properties after COVID infographic

Landlords looking to sell some properties

Landlords selling properties after COVID infographic

We’ll help you navigate the new normal

Like the rest of us, landlords are facing an uncertain future. But where there’s disruption, there’s opportunity. And buy-to-let landlords are in prime position to take advantage.

We’re proud to have continued lending to landlords during the pandemic. And we’ll continue to support brokers and their clients as they navigate this new normal.

Fancy another?

There’s plenty more where that came from. Check out more of our handy guides, reports and whitepapers below. These ones are on us.

Tuesday 9th March 2021

Coronavirus: The Impact on mortgage brokers

A look at the lending landscape When it comes to 2020 visions,…
Read more triangle-right

Tuesday 18th August 2020

The Buy to Let Market In 2020 – How Coronavirus has affected Landlords

The lay of the land Before the coronavirus crisis kicked in, tax…
Read more triangle-right

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