Despite the introduction of Higher Captial Gains Tax (CGT) in the October budget, new data from Pegasus Insights shows the confidence of landords was at a high. Confidence in the private rented sector is on the up for Landlords as the buy-to-let remains a great investment of choice for many people. Statistics show 37% of landlords say they feel 'very good' about their prospects in 2024 compared to 33% in 2022. Since mid-2023 there has been a positive spike in the proportion of landlords feeling optimistic about their rental homes. 77% of Landlords who have report they are making a 'large profit' are most likey to feel upbeat with this falling to 33% for lanbdlords who are not making a large amount of profit. 65% of landlords believe the Bill will have a negative impact while 43% think it will negativley impact their business. 62% of landlords plan to increase their rental prices further within the year and 80% claim they are currently renting out at least one property below the market rate, meanwhile 73% of landords say they increased their rents in 2024.
Posted on Tuesday, February 11, 2025
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