Private landlords report a reduction in average yields
from 6.7 per cent in 2011 to only 5.4 per cent at the end of 2019. Challenging
economic conditions, and uncertainty around future business prospects have seen
landlords’ income from property investment and management fall by 20 per cent,
according to a survey of National Landlords Association (NLA) members. In
Q4 2019, NLA members reported an average yield of 5.4 per cent, down from 6.7
per cent in 2011. This fall represents a drop in income of more than £19,000
against an average residential property portfolio. Read more on the NLA
website.
‘Take them to Byron’: Gold Coast glitter strip cracks down on people living
on the streets
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A report presented to the Gold Coast council says its compliance-led
approach has had ‘positive results’
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