New Masterclass survey reveals landlords felt prepared for Covid-19

A great article in Property Reporter:

New Masterclass survey reveals landlords felt prepared for Covid-19: 

Respondents from a new survey conducted at Property Reporter's first Property Finance Masterclass said that they generally felt prepared for Covid-19 - with just 8% feeling they could have been better prepared. The brand new virtual event series held its first webinar yesterday and featured speakers from the world of property finance who explored a range of topics, including getting a BTL mortgage during a pandemic, the benefits of specialist & bridging lending, plus looking at what type of rental properties are currently in demand. Of the 8% who felt more could have been done, paying closer attention to the news and following this up by checking on their tenants to see if they needed any help or support, was a prominent response. 

However, many also cited that as a landlord you should always have access to an emergency fund of some sort. As many people are now working from home, should this trend continue and become the norm, there is a likelihood that it could affect the commercial property market. Landlords attending the event were polled to find out how likely they thought this would happen.

According to the figures, 39% believe that it is almost guaranteed to have some sort of effect, 35% say that there is a strong chance - somewhat likely, and 26% dismissed the possibility of commercial landlords being affected at all by people working from home.