Paragon reports rental returns boost

The evidence lends support to the Royal Institute of Chartered Surveyors, which earlier this week published its own figures showing continued faith in the sector despite house price concerns. One reason landlords may be less affected is they usually obtain properties at lower than average prices. Paragon says the average buy-to-let property nationwide is worth £140,660, up 2% between July to August. However, this price level is 13% less than the average house price figure quoted by Halifax for its buy-to-own customers. Because tenants are looking for affordable housing, landlord...