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Complainant Name:
Ms Kara Gray

Clauses Noted: 1

Publication: The Sunday Times

Complaint:

Ms Kara Gray of Coventry complained that an article about the buy-to-let property market contained inaccurate calculations regarding the mortgage payments in two scenarios, which resulted in misleading claims about the returns that investors would receive after rental income was paid.

Resolution:

The complaint was resolved when the newspaper published the following clarification in print, and amended the online version of the article to reflect the correct calculations:

In our article The smart money is on buy to let (Money, May 10) the figures used to calculate the returns from a buy-to-let investment were incorrect. They should have shown that a deposit of 50% was put down. We apologise for the error. The correct calculation can be found online at tinyurl.com/recf84.

Report: 79



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