Third of landlords undecided on Brexit vote

According to new research from the National Landlords Association, 30% of landlords are still undecided about whether they will vote to leave or remain in the upcoming referendum on the European Union.

The news comes a little over a week before the referendum, taking place on June 23, which will decide whether or not the United Kingdom will remain a member state of the EU.

The findings show that landlords are evenly split, with 35% intending to vote leave and 35% intending to vote to remain.

Landlords were also divided about whether EU membership would be beneficial to their future business prospects, with 53% believing that EU membership would be beneficial, and 47% believing it would be harmful.

Regionally, more landlords in London intend to vote to remain in the EU than anywhere else in the UK, (45%). By contrast, more landlords in the North East intend to vote to leave than anywhere else in the UK, with (44%).

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.”