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.15: 2022 Q3
Quarter 3 is the quarter in which landlord confidence collapsed. This follows a two-quarter period in which confidence dipped from highs. Rising tenant demand has done little to raise landlord morale. Rising interest rates, rising inflation and rising concerns about forthcoming legislation are all combining. The result is a rising proportion of landlords selling properties, reducing supply.
Landlord Confidence Index (LCI) No.14: 2022 Q2
Quarter 2 has seen a continuation in the confidence dip which began in the previous quarter. Perceived demand has moved to record levels. However the proportion of landlords looking to sell has risen for the third consecutive quarter. Increasing costs and regulation are all factors which are contributing to the decision to sell. In the last twelve months 54% of landlords froze rents. Twelve months ago, the equivalent statistic was 73%.
Landlord Confidence Index (LCI) No.13: 2022 Q1
After a run of increasing confidence, the Quarter 1 survey presented a picture of uncertainty. Not only has confidence dipped, but the proportion of landlords planning to sell has risen. Landlord costs and the regulatory framework are key reasons underpinning this loss of confidence. This survey was undertaken before the 2022 Queen's Speech and announcements of proposed reforms to the PRS.
Landlord Confidence Index (LCI) No.12: 2021 Q4
The Quarter 4 survey shows confidence at record highs for the third consecutive quarter. Nationally the Confidence Index is broadly neutral. In the regions, only the North East went clearly against the trend of rising confidence. However the evidence suggests landlords are being prompted to reduce their holdings: fears of rising costs are overtaking increasing levels of demand in making decisions about rents and portfolios.
Landlord Confidence Index (LCI) No.11: 2021 Q3
The Quarter 3 survey of landlord confidence shows an increase above the previous quarter's then-record level of confidence. This quarter, it has been an increase in confidence among landlords with London-based portfolio which has propelled the index. HOWEVER - confidence is still negative across the country (with the exception of the South West which recorded the first ever 'neutral' score).