Best buy-to-let yields found in the North

Buy-to-let yields were the highest in the North East (5.3%) and North West (5.1%) of England in the year to December 2016, Your Move’s buy-to-let index has found.

Meanwhile yields were the weakest in London (3.3%), the South East (3.4%) and the South West (3.4%).

On average for the whole of England and Wales buy-to-let gave a 4.7% return, down from 5.1% recorded in the year to December 2015 – before the sector was hit by the 3% stamp duty surcharge alongside other measures.

Valerie Bannister, lettings director at Your Move, said: “The rental market in England and Wales has ended the year strongly, with all key indicators looking positive.

“Rents ended the year higher than they started in most areas, yet tenant arrears have remained broadly at the same level.”

“Average yields have remained stable across the country, with some regions continuing to offer well above average returns to investors.”

Mortgages – From 0.99%
Tax – 9 Tax saving guides
Energy – Compare & save £500+
Broadband-TV – Top deals
List Rightmove & Zoopla – Free trial

mortgageMortgages - Find cheapest. Rates from 0.98%. 1st time buyers, remortgages, self-employed, adverse & CCJ, Landlord buy to let. Compare now

mortgageSell or Let Property FREE on Houseladder 0% no fees. Free property advertising. List 1 to 1000 properties to millions of buyers and tenants. Upgrade to a Premium advert for only £30 and sell or let your property FASTER! Create Ad

make-moneyMake Money - Earn £250 to £2000+ per month part time. Get paid every month for work you do once. Work from home. Flexible hours. Free training. No experience needed. Major UK PLC company. Find out how >>

taxHow To Save Property Tax - Updated Sept 2017 “How To Save Property Tax” is widely regarded as THE tax bible for property investors. The 21st edition has just been published (Sept 2017) and is completely up to date. Read now

Written by: Houseladder