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TODAY'S OTHER NEWS

Investment sentiment improving, despite Brexit and rental red tape

A property investment platform claims that investor sentiment in buy to let is actually improving despite ongoing political and economic uncertainty in the marketplace and the string of fiscal changes that have hit the property rental sector.

Some 81 per cent of those investors questioned by Property Partner say they are planning to at least maintain or possibly even increase the amount they invest in the next six months - and this covers equities and commodities as well as property. 

This figure has risen from the 74 per cent result for the the same question in October last year. 

The number planning to decrease the amount they invest in the next six months has almost halved to six per cent. 

Brexit and uncertainty in the UK property market continues to be cited as a major reason amongst the 13 per cent of investors unsure how they will invest, and amongst those six per cent planning to decrease their investment in the next six months.

The data was collected over two surveys, the first conducted in October 2018 with 450 responses. The second was conducted April 2019 with 481 responses.

Property Partner allows investors to diversify investments across multiple properties; it says it now manages over 1,000 tenanted units valued at a total of over £135m.

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