Buy to Let is Steady
The Buy to let market remains steady and July’s index shows that rents rose by an average of 3.04% over the past three months.
The annual growth now stands at 12.7% and yields have been steady for a year.
Landlord’s property rose 1% to £181,533 in July with annual total returns at 11.6% this is the highest rise since April.
With mainstream arrears rising the buy to let market is important for the housing market as a whole.
Landlords are being able to absorb the interest rate and the average gearing on portfolios is as low as 38%.
Buy To Let Property
Buy To Let Tips
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