Rental yields on the up!

Rental yields for landlords are on the up again according to PRS Trends Survey.

They reveal that landlords achieved a gross rental yield of 6.5% in the 2nd Quarter of 2012 as a result of continuing increasing rents and stagnant property values.  This compares to a rental yield of 6.2% at the back end of Q1.  Professional landlords are achieving a higher rental yield averaging a rental yield of 6.9%.

Landlords are also feeling quite positive about prospects with 44% of landlords expecting tenant demand to increase over the next 12 months.

Mortgage Search - whole of market