Landlords Increase Portfolios
During the first three months of 2012 landlords increased their portfolio size by 1.8 properties. In Q1 2012 the average portfolio size was 10.8 properties, each accommodating 1.3 tenants per property.
During the first three months of 2012 landlords increased their portfolio size by 1.8 properties. In Q1 2012 the average portfolio size was 10.8 properties, each accommodating 1.3 tenants per property.
The property is located between Bicester and Oxford and has an asking price of £995,000 and the passing rent of over £73,000 per annum. This investment offers a great opportunity with a current gross yield of over 7%.
The March 2012 budget removed this special treatment and the VAT relief that currently applies to alterations to listed buildings is being withdrawn with effect from 1 October 2012.
We have experienced historically low borrowing costs over the last few years, which has benefited both home owners and investors alike. There appears to be a general shift in the market whereby interest rates are on the rise.
Bannisters is delighted to be supporting Helen & Douglas House and will be undertaking the 13 mile Daybreaker walk on 19 May