Annual returns in the buy-to-let market are improving, according to the latest index from LSL Property Services.
Investors buying property a year ago made a total return of 4.1%, the best annual return recoded by LSL since the index began in June 2007. In November, a typical rental property made £809 in capital gains and earned £665 in rental income, a total of £1,474. While house prices in November chalked up their seventh successive monthly gain, rents slipped back for a second consecutive month, falling 0.6% in November to take average rents back to levels seen in August. This follows four consecutive months of rental inflation during the summer, when rents rose at an annualised pace of 13%....
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