Almost half (49%) of landlords own all of their
properties outright, with no mortgage debt at all, according to new research. The
research broadly finds that private sector individual landlords are adopting an
“even keel” mentality with around half of the 2,500 landlords surveyed having
no mortgage debt at all. But buy-to-let landlords typically hold larger and
more valuable portfolios than other landlords, and 47% of the rented properties
in the survey were backed by a buy-to-let mortgage. Some 62% of landlords own
only a single rented property, with buy-to-let landlords more likely to have a
multi-property portfolio than other landlords. Read more on the CML website.
Reform UK council chair resigns after ‘illegally renting out unsafe
properties’
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Council said Edward Harris’s properties ‘failed to meet even most basic of
living standards and legal requirements’
A Reform UK council chair has resigne...
3 days ago

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