According to the first rental yield announcement for 2012, landlords are enjoying increasing rental yields, with the North of England leading the way in this uplift. Investors wishing to take advantage of this favourable climate are invited to the National Property Showcase to view exhibited properties and attend seminars on buy to let investment.
According to specialist buy to let lender, Paragon Mortgages, the overall average yield achieved by landlords saw a marked increase in the first part of 2012, rising from 5.9% in the last quarter of 2011, up to 6.2% in Q1 2012.
Rental yield is a term used to describe a property’s annual rental income as a percentage of its current value. Rental yield should always be an important consideration when making a buy to let property purchase and can provide an indication of how positive your investment is likely to perform in the future.
The research commission by Paragon Mortgages shows that landlords in the North-West are enjoying the best average rental yields at 6.6%. Landlords in the North-East are achieving an average 6.5% with those in the South-West and East of England enjoying yields of 6.4% and 6.3% respectively.
The National Property Showcase, a free exhibition taking place on 10th May in London is the ideal place for investors to explore the option of expanding their property porfolios. A wide range or property experts will be on hand to discuss property investment and a large selection of sales property from across the UK will be exhibited.
For further information visit our information page on Propertywide.co.uk.