Landlords are set for another bumper year of returns despite a series of tax hikes on the buy-to-let sector and stricter mortgage rules. The Kent Reliance Buy-to-Let Britain report for the second half of 2016 said landlords raked in £4.6bn a month in rent, up 8% on the year.

Total annual returns — both rental yield and the capital gain as house prices rise — hit £158.2bn ($199bn), or a 14.4% gross yield. That is down from 15.2% in June, however. Moreover, rents rose by 2.4% across Great Britain to an average of £881 per month, a record high.