Solely 9% of landlords suppose the media portrayal of the market is “honest or correct” – fewer than the 19% with that view in 2023.
Landlords who make investments as people moderately than through a restricted firm are extra cynical, signifying how these extra adversely affected by the tax system are extra distrustful of the media.
Rob Stanton (pictured), gross sales and distribution director at Landbay, which performed the ballot, mentioned: “The media – mainly social but in addition the mainstream press – is traducing buy-to-let landlords.
“Folks appear to have a view that landlords are rolling in money making large income; the scenario has obtained worse over the past 12 months presumably inspired by the legislative agenda.
“As extra landlords – small enterprise homeowners – go away the market within the face of counter-productive crimson tape, the landlord-bashers are going to get a wake-up name after they realise the housing disaster has not disappeared and – as a result of the availability of rental properties has shrunk – rents have risen.”
Solely 4% of landlords with single properties or portfolios of two or three properties thought the media portrayal was honest and correct, in comparison with 10% of these with 4 or extra properties.
Stanton added: “Landlords with just a few properties are typically people who have invested all their financial savings and inheritance into their properties within the hope of offering themselves with a retirement revenue.
“I believe they genuinely care concerning the state of their properties and subsequently discover their demonisation much more unfair.”
