Click above for what became the consented plan, plus Transport page.


The Guardian: "Buy-to-let landlords earn returns of up to 1,400% since 1996"

"Revelation draws criticism from campaigners as report shows young people faced with rocketing house prices are giving up on owning a home"

Link to web site

"Buy-to-let landlords have hit the investment jackpot by earning returns of almost 1,400% since 1996, leaving the performance of shares, bonds and cash trailing in the wake of Britain’s property boom.

"The revelation drew criticism from housing campaigners, coming in the same week that a major report claimed rocketing house prices and years of stagnant wage growth have prompted a growing number of younger people to give up the idea of ever owning their own home.

"On average, £1,000 invested in a buy-to-let asset in the final quarter of 1996 was worth £14,987 by the end of last year, according to analysis by economists at the Wriglesworth Consultancy for lender Landbay, published on Saturday. This was more than four times than the equivalent investment in commercial property, UK government bonds or shares and seven times the return on cash."

No comments:

Post a Comment