Buy-to-let returns will plunge 62pc in the next 12
months, according to Britain’s biggest network of letting agents and property
valuers. LSL Property Services predicts that by April 2016 total returns on
buy-to-let, taking into account a combination of both rental income and capital
growth, will be just 3.4pc, down from almost 9pc today. That return, which
would be the lowest in at least four years, would be before mortgages,
maintenance and tax are factored in, all of which could push landlords’
investments into the red. Read more on the Daily Telegraph website.
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