Landlord Investing

The cost of living in London accounts for all, or more, of the money on offer in 12 out of 32 London boroughs, with a further 13 seeing the cost of living account for 90% or more of the average wage, flatshare website Ideal Flatmate has found.

Cost of renting falls

The proportion of income spent by private tenants on rents in England has continued to fall, according to an official report on the state of the country’s housing.

The average cost of three out of six categories of fixed rate buy-to-let mortgage has increased over the past month, while the remaining three categories have fallen in cost, according to the latest research from online mortgage broker, Property Master.

The number of tenants experiencing rent increases fell for the fourth month running in December, with 18% of agents reporting that landlords increased rents, ARLA Propertymark’s December Private Rented Sector has found.