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Wednesday, August 01, 2012

Average rental yields above 6.0%

“Buy-to-let property remains a good investment for landlords with average rental yields consistently over 6.0%. In Q2 2012, those applying for a buy-to-let mortgage via Property Hawk Mortgages reported an average rental yield of 6.60% which is up on the previous quarter (6.29%).

“As to be expected, London was the most popular location for rental property in Q2, but the capital recorded a below average rental yield of 5.62%. The second most popular locations were Newcastle upon Tyne and Birmingham, both recording an above average rental yield of 7.80% and 7.22% respectively, which goes to show how choice of location can affect overall returns.”




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1 comment:

Anonymous said...

Is that gross or net yield?