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Will landlords vote for Brexit?

by Stephen Little
June 15, 2016
Sales surge 9 per cent in October
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European Commission, BrussellsOne in three landlords are still undecided on which way to vote on the forthcoming upcoming referendum on the European Union, new research has revealed.

According to research he National Landlords Association, landlords are evenly split, with 35% intending to vote Leave and 35% intending to vote Remain.

Landlords are also divided on how remaining in the EU will affect their business prospects, with 53% believing that EU membership would be beneficial, and 47% believing it would be harmful.

More landlords in London intend to vote to Remain in the EU than anywhere else in the UK, with 45% saying they would like to stay.

When it comes to leaving, the North East has the highest number of landlords that intend to vote to exit the EU than compared anywhere else in the UK at 44%.

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Richard Lambert, chief executive officer at the NLA, said: “Landlords, much like the rest of the British public, are divided on how they will vote in the EU referendum which means the decision looks to go down to the wire.

“The Remain and Leave campaigns have both had difficulty persuading the public on the benefits or hazards of a Brexit vote, and they have struggled to provide any clear analysis about the impact exiting the EU would have on the buy-to-let market.

“As a result, landlords appear more likely to vote in this referendum based on their attitudes to issues such as national security, trade, and immigration, rather than the effect on the UK property market or their businesses.”

 

Regional breakdown of how landlords will vote in the EU referendum

  Remain Leave
Central London 45% 29%
Scotland 42% 30%
East England 38% 40%
London (outer) 37% 34%
South West 35% 36%
North West 35% 36%
Yorks & Humber 33% 29%
West Midlands 31% 40%
South East (excl. London) 30% 37%
North East 29% 44%
East Midlands 24% 40%
Wales 20% 40%

 

Tags: Brexitlandlords
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