Returns by landlords rising
Returns by landlords rising
- 2004
- Paragon Mortgages News Release 26 November 2004 (8) .
According to data from Paragon Mortgages' "November buy-to-let index" average total annual returns achieved by landlords rose in October 2004, from 23.6% to 24.5%. The return comprises a total of £31 207 made up of £21535 in capital appreciation plus £9 672 in rental income, on a property worth £127 329 at purchase. Uncertainty in the owner-occupier market has helped strengthen tenant demand as prospective buyers are unable or unwilling to make the initial leap onto the housing ladder. The full report is available from the website. http://www.paragon-mortgages.co.uk
RENTAL MARKET
LETTINGS MARKET SURVEY
BUY-TO-LET
RENTAL PRICES
RETURN ON INVESTMENT
According to data from Paragon Mortgages' "November buy-to-let index" average total annual returns achieved by landlords rose in October 2004, from 23.6% to 24.5%. The return comprises a total of £31 207 made up of £21535 in capital appreciation plus £9 672 in rental income, on a property worth £127 329 at purchase. Uncertainty in the owner-occupier market has helped strengthen tenant demand as prospective buyers are unable or unwilling to make the initial leap onto the housing ladder. The full report is available from the website. http://www.paragon-mortgages.co.uk
RENTAL MARKET
LETTINGS MARKET SURVEY
BUY-TO-LET
RENTAL PRICES
RETURN ON INVESTMENT