Thursday, 30 July 2015

Buy-To-Let Hotspots Revealed

Landlords looking to invest in buy-to-let properties are still flocking to the capital, as London sits at the top of a list of UK hotspots. It's closely followed by Birmingham and Bristol in the top 20 areas where buy-to-let properties have been bought in the last year, according to data from Barclays Mortgages. Nottingham, Manchester and Leeds also saw a big jump in demand. London landlords also unsurprisingly get the biggest monthly rental revenues, with an average income of £1,900 per month. However, while Barclays highlighted rental amounts, it failed to drill down into the yields on offer - rental return as a percentage of purchase price.  Read more on the Daily Mail website.

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