British 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. A report by mortgage lender
Kent Reliance shows landlords made £67.2bn in capital gains, and £44.3bn from
rent in the year to March 2015. The combined total represented an increase of
£5.8bn on the same period a year ago. Read more on the Guardian website.
‘Ludicrous’ plan to build skyscraper over Georgian Birmingham building
rejected
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Councillors unanimously refuse permission for 42-storey block of flats on
top of former residence and hospital
Councillors in Birmingham have unanimously...
7 hours ago
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