This is a question which the management team at City Rental Services have been asking in recent weeks, following the huge build-up to the Brexit vote in England.
And whilst opinion to remain in or leave the EU had pretty much all of us divided across Bristol, the impact of the UK vote has had Bristol property landlords pondering the future profitability of their rented accommodation portfolios in various BS postcodes ever since the results came out.
We came across a brief but useful article around the Brexit issue from industry body NLA, which can be read in full here.
We think the simple but practical advice given – to, basically, take a deep breath, be calm, and continue on as usual until new measures come into place which require attention and action – to be a wise piece of advice.
It’s unclear how the decision to leave the EU will affect Bristol buy-to-let landlords and property investors in the city in the short-term, but one thing that hasn’t changed in the city is the demand for reasonably-priced, good quality rented properties in all the usual rental hotspots across the city.
Our team of experienced rented property professionals and lettings negotiators are on hand in our Gloucester Road office to advise and assist landlords, as always. Pop in for a chat to see us and discuss Brexit further.
If you’re looking for advice on managing your rented accommodation portfolio in Bristol, please call into 58 Gloucester Road to see us – as an independent letting agency in Bristol, we’re here to help.