Archive News Items for January 2010
Buy to Let Jan 19,2010
The value of BTL properties rose 3% in the year while rental income after void periods added a further 4.6%. This means in 2009, a typical landlord made a return of £12,740. This was a combination of modest capital gains of £4831 on each property and £7909 in rental income.

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Off Plan Buying Jan 15,2010
Off-plan buying, where a property is bought before it is built, was tarnished by the financial crisis after buy-to-let investors bought units in bulk only to find their value had plummeted by the time they were completed.

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House Prices Rise Jan 15,2010
UK house prices rose for the seventh month in a row, with prices paid by first-time buyers now outstripping those of people moving homes, according to an official index released on Tuesday.

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LONDON — A three-bedroom, 2,300-square-foot apartment recently went on the market in London’s fashionable Eaton Square and an Italian buyer immediately snapped it up for £5.65 million — a surprisingly quick sale in what has been a flat market. [Read full story ...]
Survey Jan 08,2010
CHL Mortgages has today released the results of its first quarterly survey of landlord customers to reveal a growing confidence in the buy-to-let sector - and a return to professionalism.

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