London buy-to-let “not worth the risk”

That’s according to specialist debt advisors Hadrian’s Wall Capital, and with average yields only 2% in prime rental London (just 0.71% higher than 10-year Gilts) and vast uncertainty about the direction of residential property prices post-Brexit, it doesn’t seem like a hugely controversial statement. Spokesman Mike Schozer also points to rising debt costs, the loss of tax breaks for landlords, a “large overhang” of unsold homes. More, here.