Buy-To-Let Landlords Earn Returns Of Up To 1,400% Since 1996

Buy-to-let landlords have hit the investment jackpot by earning returns of almost 1,400% since 1996, leaving the performance of shares, bonds and cash trailing in the wake of Britain’s property boom. On average, £1,000 invested in a buy-to-let asset in the final quarter of 1996 was worth £14,987 by the end of last year, according to analysis by economists at the Wriglesworth Consultancy for lender Landbay. This was more than four times than the equivalent investment in commercial property, UK government bonds or shares and seven times the return on cash. Years of rising house prices mean that despite the slump after the financial crisis, property investors who bought 18 years ago are still sitting on large capital gains. Read more on the Guardian website.