January 2017 - Scotland rental market starts 2017 on a high
Remarkable stability for investors
Despite 2016 containing changes to the tax system for buy-to-let landlords, the UK’s vote to leave the European Union and general economic uncertainty yield levels remained steady over the year.
This yield also compares strongly to property investment in other parts of the UK. Landlords in Scotland continue to see much better returns than the average investor in England and Wales, where the average yield in January stood at 4.6%.
In January 2017 the average yield was 4.9%, Your Move Scotland found. This is exactly the same as in both January 2016 and the previous month.
Only landlords in the North East and North West regions of England enjoyed better returns – 5.3% and 5% respectively – this month.