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If 2020 has shown us anything it is that property remains resilient as an investment asset, having perhaps taken many of us by surprise by not just withstanding the pandemic, but, on the whole, positively thriving.

For landlords and tenants alike, there is no question that it has been an incredibly challenging year. And while the government has implemented a series of measures to help protect tenants and keep them in their homes, at ground level, this responsibility has never been greater for UK landlords.

Poor credit history and not having a large enough deposit remain the biggest hurdles for prospective first-time buyers trying to get a foot on the property ladder, as new research from Aldermore reveals that just one five were able to get a mortgage on the first attempt.

Despite Britain making clear strides with its vaccination rollout, foreign travel still looks set to remain somewhat uncertain this year. Many Brits are expected to opt for a staycation over a holiday abroad, mirroring the staycation boom that we all got to enjoy last summer. Because of this, those with a second home or money to invest are increasingly viewing holiday letting as an attractive property investment to consider.

With New Year resolutions made, many in the UK will be looking ahead having firmly shut the door on 2020. Despite a particularly difficult year generally, and with our current lockdown status in force; on a social and an economic level, those serving the mortgage industry can still look to the future with optimism.