Oldham and Liverpool closely followed and the 10 best areas to come a landlord are in Northern regions. Leeds had the highest yield of all 100 cities and towns surveyed
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Commodities Update
Gold Yesterday, gold traded 0.28% higher in the New York session and ended at USD1247.50 per ounce. In the Asian session, at GMT0500, the precious metal is trading at USD1253.50
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Major Indices Update
FTSE100 The FTSE 100 weakened 0.33% yesterday to close at 7447.79. During the week, the index traded at a high of 7561.07 and a low of 7377.86. The FTSE 100
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EURUSD The Euro strengthened against the US Dollar in the New York session yesterday, closing 0.13% higher at 1.1167. At GMT0500, the Euro is trading at 1.1170 against the US
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Global Economic Update
The Bank of England’s (BoE) Chief Economist, Andy Haldane indicated that he is ready to vote for an increase in interest rates “relatively soon”, as this could help prevent the
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NLA RESPONDS TO RENTAL DEPOSITS CAP ANNOUNCED IN QUEEN’S SPEECH
In response to the announcement in today’s Queen’s Speech to cap tenancy deposits to no more than one month’s rent, Richard Lambert, CEO at the National Landlords Association commented: “The
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London most expensive region to be a landlord
In the Capital the average cost, excluding mortgage costs and tax but including void periods, is £6,535 per property per year or 32% of the amount they receive in rent.
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Commodities Update
Gold Gold declined in the New York session yesterday, closing 0.1% lower at USD1244.90 per ounce. Gold is trading at USD1247.40 per ounce at GMT0500 in the Asian session, 0.2%
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Major Indices Update
FTSE100 The FTSE 100 fell 0.68% yesterday and closed at 7472.71. During the week, the index traded at a high of 7561.07 and a low of 7377.86. The FTSE 100
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Currencies Update
EURUSD The Euro weakened against the US Dollar in the New York session yesterday, closing 0.16% lower at 1.1135. At GMT0500, the Euro is trading at 1.1134 against the US
