Property News · May 29, 2015

Booming buy-to-let puts £112bn in pockets of British landlords


Rental income is worth almost £4bn a month nationwide as the sector’s popularity for investment continues to increase, locking out first-time buyersBritish landlords earned £112bn from capital gains and rental income last year, in the latest example of the booming buy-to-let market.As would-be first-time buyers struggle to get a toehold on the housing ladder amid rising property prices and tougher mortgage-lending criteria, investors continue to pile in to the rental market. Continue reading…

Source : theguardian.com
Read more…Booming buy-to-let puts £112bn in pockets of British landlords