Buy to Let index

April 2017 - March sees booming rental market in the East of England

Yields remain strong despite market changes

  • Yields continued to fall in most regions surveyed, Your Move found. Across all of England and Wales the typical yield was 4.5% in March, having declined on both a monthly basis and year-on-year. In March 2016 the average yield was 5% while last month it stood at 4.6%.

  • Wales was the only area not to see yields fall in the last 12 months. The average return for landlords in Wales was 4.8%, exactly the same as both last month and a year ago.

  • Places with higher house prices continue to have the smallest yields – and these are typically in the areas closest to London. In the capital itself the average yield was 3.2% this month, the same. as last month but down on the 3.6% recorded a year ago.

  • In the South East the typical yield was 3.4%, flat versus last month but lower than the 3.7% seen in March 2016. In the East of England, where rents have risen strongly, yields have fallen from 4.4% to 3.9% in the last 12 months.

  • Properties in the northernmost regions saw the highest recorded yields. In the North East the typical return was 5.2% while in the North West it was 5% - although both were down on the same point in 2016. These are the only two areas to see yields above the 5% mark this month.

Annual Rent and Yield

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