87% of BTL landlords still generated a profit in Q2 2020
11 Aug 2020
Did you know that despite the challenges faced by landlords in recent months, 87% of them still generated a profit in Q2 – the highest level of profitability since the end of 2018*?
According to BVA BDRC’s latest Landlords Panel report, the average rental yield has also increased to 5.8% - its highest point for more than a year –with landlords with between 11 and 19 properties generating the highest average yield, at 6.5%.
Precise Mortgages’ range of Buy to Let Mortgages is designed to help portfolio landlords, limited companies, those looking at HMOs and even first time buyer and first time landlords. The range includes our exciting Summer Sizzler limited edition 5 year fixed rate mortgage that’s designed to help single dwelling limited company landlords make the most of the Stamp Duty holiday.
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*Source: BVA BDRC Landlords Panel Report Q2 2020 (slide 33)