Back
News

Abandoning buy-to-let lucrative for landlords

Buy-to-let landlords who are leaving the market because of a government clampdown have been cashing in with an average profit of £80,000 for each property sold.

In England and Wales, landlords made £79,770 before tax last year, having owned the property for an average of just over nine and a half years.

In London, they gained £248,120, according to research by Hamptons International, an estate agency.

Click here for the full Times article (£)

Click here for the full FT article (£)

Up next…