Monday, 29 February 2016

Landlords Enjoy 'Best Returns Since 2014'

Landlords are typically seeing the best returns on properties since 2014, according to a buy-to-let index. The average annual return per property for landlords across England and Wales was £21,988 in January, estate agents Your Move and Reeds Rains said. The figure includes income from rent as well as the rising value of the property and also takes into account any void periods, when the property may stand empty. It is the highest in cash terms since August 2014. But it does not include money which will be paid out by landlords for costs such as maintenance and mortgages or rent which is owed but goes unpaid. Read more on the Daily Mail website.

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