Landlord Confidence Index Archive
About the Landlord Confidence Index
The Landlord Confidence Index (LCI) summarises in infographic form how the key influences and policies which impact on the supply side of the PRS feed through into market confidence and psychology.
The data is captured quarterly and builds into a unique barometer of landlord sentiment and concerns.
Landlord Confidence Index (LCI) No.23: 2024 Q3
The fieldwork for this edition of the LCI coincided with the publication of the Renters' Rights Bill. Landlord confidence in England hit an all-time low as landlords reacted to its publication. In Wales confidence also fell back, but Wales retains its position as the location in which confidence among landlords is highest (although the outlook remains pessimistic). There is also much landlord concern about then-potential tax changes the new government might introduce - especially Capital Gains Tax.
Landlord Confidence Index (LCI) No.22: 2024 Q2
Landlord confidence in England continues to fall. The data – with fieldwork completing during the week of the General Election – shows confidence falling in every English region apart from Inner London. Confidence in Wales is higher than any English region - the first time this has happened since the Index was launched in 2019. Even though there are a lot of tenants out there, the proportion of landlords intending to buy continues to fall.
Landlord Confidence Index (LCI) No.21: 2024 Q1
Landlord confidence at the start of the year fell back slightly with nervousness over renters' reform. Confidence across England & Wales fell to 38.9 – down from 42.9, a fall of 9%. Notably confidence in Inner London (down 26% on the previous quarter) and the South East (down 21%) have pulled the index down. Whilst fewer landlords are planning future sales, very few landlords yet have the confidence to return to the market.
Landlord Confidence Index (LCI) No.20: 2023 Q4
Landlord confidence rose slightly in the fourth quarter,consolidating the gains made in Qtr3. Strong growth in a few English regions has offset modest falls in others. Other indicators show that - maybe – the PRS is settling down after a period of volatility. Data indicates the market may be less frenzied, with fewer properties being snapped up as soon as they hit the market.
Landlord Confidence Index (LCI) No.19: 2023 Q3
Landlord confidence rose from the lows of the previous quarter. For only the second time since the index began, confidence rose in every English region as well as in Wales. Macro-economic stability, government announcments on EPC and Section 21 all helped to raise confidence. Though confidence has risen, plans to buy and sell are still at the levels previously recorded.
