Buy To Let news

Average total returns generated by landlords have reached their highest level in five months, as both rents and property values continue to rise, says Paragon.

Over the past quarter, rents are up 8.2% and house prices paid by landlords up 5.5%, the latest Paragon buy-to-let index reveals.As a result, total ungeared returns generated by landlords in March stood at 12.9%, compared with 8.0% in January and 10.0% in February.