Spare a thought for landlords. Whenever they’re mentioned in the news, it’s invariably in stories about slum housing and the dire living conditions of low-income private renters.
As for the financial benefits of being one, thanks to the recent rises in interest rates, many who locked into a two-year, fixed buy-to-let loan product during the height of the COVID pandemic are being hit with the highest buy-to-let interest rates in years.
In addition, there’s 9.1% inflation to contend with and the ongoing issue of having to fund eco-upgrades to their rental properties.
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