BTL landlords contribute £16.1bn a year to UK economy

Buy-to-let landlords collectively contribute £16.1bn to the British economy through pre-tax spending, which is almost double the estimated £8.5bn a decade ago, according to a new report from Kent Reliance.

The new ‘Tracking landlords’ costs and economic contributions’ report, part of the lender’s ‘Buy to Let Britain’ research series, states that spending per property stands at £3,571 before tax or mortgage interest.

Read the full story at Landlord Today.

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