Home Blog London Property News Buy-to-let investments earn landlords £112bn
Buy-to-let investments earn landlords £112bn
Landlords made £112bn from their buy-to-let investments last year, according to new data that shows that number of households renting a property jumped by almost 150,00 in the 12 months to March.
The gains are the equivalent to an annual return of 12.5% per property and include £4bn rental income plus capital gains. This is an increase of 7.2% year-on-year despite rents only rising by an average of 3.9%.
London was the biggest contributor in terms of growth in value, accounting for 51.8% of the rise.
While the average buy-to-let property delivered a gross annual return of £24,221, the returns for London and south-east England were higher at £59,455 and £27,909.
The value of houses in the private rented sector has risen by 11% over the last year and now stands at £991bn.
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