Two in five landlords (41%) are still undecided on who to vote for in the upcoming General Election, new research from Landbay has suggested.

The buy-to-let lender’s study also found that 31% of landlords said they would vote Conservative, while just 12% said they would choose Labour, and 5% the Liberal Democrats.

Of those undecided, the largest proportion of landlords was those with portfolios of four to 10 properties (35%), while landlords with 20 or more properties made up a quarter. The majority of those undecided operate within a limited company (69%).

Landbay’s survey also found that just under half of landlords (48%) have concerns about a potential change of Government. When explaining their reasoning, respondents described Labour as “anti-landlord” and a potential Government offering “too many unknowns”, with many of the policies of the two main parties seeming closely aligned.

Others said that their vote will go to the party that will “reduce the heavy tax burden facing landlords”.

“Now that the election has been called, it is clear that landlords still need further reassurance from Labour about their plans for Government and their policy for the sector,” said Landbay founder and CEO, John Goodall.

“The UK needs a strong private rental sector that can support investment and has the ability to scale in order to provide housing to millions of households. We therefore urge Sir Keir Starmer to make clear his plans on housing and how his party will recognise the critical role of landlords and the private rental sector in the UK’s housing mix.”

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