London Landlords Invest Outside Capital to Escape High Tax Bill

London landlords fed up with the capital’s high taxes and property prices are increasingly investing their money in other parts of the U.K.

Nearly 60 percent of London-based landlords bought properties elsewhere in Britain in the last year, up from 25 percent in 2010, according to broker Hamptons International. The trend has sent money rushing into the north of England and the Midlands, a region that includes such major cities as Birmingham.