Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
I have been looking to take on another property for a few months, and am struggling to find something suitable. Previous properties I took on in 2012 and 2015, have made 12-14%+ return per annum (Captial gains excluded).
Now I am struggling to find anything that will give me 10% return – and those that do require considerable renovation. I think this is in down to the stamp-duty changes, in part this is because of increase in prices, and whilst slightly better mortgage rates have helped, this still feels like a decent drop.
Have other people found the same?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More