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Friday, December 18, 2009

Good 2010 or bad 2010 - can anyone predict what kind of year it will be for landlords?

Confidence is apparently returning to the buy-to-let property market after a rebound in annual returns according to LSL Property Services, the UK's biggest lettings agent group.

They are predicting that landlords will see annual returns averaging £16,000 next year as the housing market continues to stabilise.

However before landlords get too excited ARLA warned yesterday the market would be tougher next year.

Whose to know?

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