More and more landlords make a loss on buy to let properties...

Recent research by the BDRC Continental quarterly Landlords Panel has revealed that the largest rise in the number of portfolio landlords making a loss since the Landlords Panel began in 2006. The research shows that in the last quarter of 2011, the number of ‘portfolio landlords’ (those with 20 or more properties) who reported making a loss rose from just 1pc in the third quarter of 2011, to 8pc in the fourth quarter of the year. In the meantime, While portfolio landlords reaped the highest rental yields at 7pc, the average rental yields for all landlords fell from 6.7pc to 5.9pc in the previous quarter, in the final three months of 2011. The last quarter of 2011 saw rental yields for all landlords fall to their lowest level in the year. This is in spite of the fact that nearly half (46pc) landlords after increasing the rents for tenants in the 12 months prior to this, one in three (34pc)were planning to do so during the first half of 2012. For the best quality conveyancing at the cheapest prices visit us! Www.helpfulconveyancing.co.uk