Friday, 12 September 2014

Buy-To-Let Is Booming

Landlords in England are in the midst of a booming rental market, with earnings now in excess of £32billion per year, or £2.7billion a month, according to figures from Direct Line for Business. A large symptom of the red-hot buy-to-let market is tenants struggling to make the move onto the property ladder themselves, with house prices up drastically in the last 12 months, meaning larger - and harder-to-save-for - deposits. According to separate exclusive research for This is Money by Axa Business Insurance, 59 per cent of tenants say they would prefer to buy, but can’t due to high house prices. Read more on the Daily Mail website.


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