Landlords should not panic following Brexit

Landlords have no reason to panic following Britain’s decision to exit the European Union, that’s according to the National Landlords Association (NLA).

Following a referendum in which 52% of the country voted out – to leave the EU for good – the result has been panic in the financial markets as the FTSE was hit but has since recovered ground, and the pound continues to languish against other currencies, particularly the strong dollar.

Although it will not be clear for some time what the long-term effects of Brexit will have on the domestic property market, the NLA is calling for calm, suggesting the momentous decision may have little impact on the buy-to-let market.

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