New BTL purchases – current returns?Make Text Bigger
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?
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