Tuesday, July 28, 2015

Buy-to-let hotspots revealed

For those landlords that are swayed by where the buy-to-let 'hot money' is going Barclays have very kindly released there annual 'hotspot' top 20.  Based on a survey of 5000 landlords it is a limited but interesting insight on what is going on in the wider investment market.  I particularly like the average rental figures which come directly from a buy-to-let application giving them a realism that much rental data I have seen lacks.  For more data on average rents have a look at the index of private housing rental prices compiled by the ONS.


Rank (by volume of Barclays completed buy-to-let properties) Q1-Q2
Town
Average rent (of Barclays Mortgages completed buy-to-let properties) Q1-Q2 2015
2015
2014
1
1
LONDON
£1,900
2
7
BIRMINGHAM
£766
3
3
BRISTOL
£877
4
17
NOTTINGHAM
£639
5
18
MANCHESTER
£693
6
13
READING
£1,169
7
47
LEEDS
£703
8
6
SOUTHAMPTON
£1,067
9
50
PETERBOROUGH
£649
10
19
SLOUGH
£1,045
11
48
GLASGOW
£601
12
5
ILFORD
£1,252
13
4
HARROW
£1,402
14
35
EDINBURGH
£923
15
8
CROYDON
£1,262
16
212
PLYMOUTH
£808
17
12
ENFIELD
£1,268
18
79
SWINDON
£681
19
62
LUTON
£754
20
28
MILTON KEYNES
£873

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