November 2017 - East of England home to rental resurgence
Landlord returns begin to stabilise
The yields achieved by property investors stabilised in October, following a period of pressure on landlords.
Your Move found that the typical yield in every surveyed region remained flat between September and October. This meant the average yield across England and Wales remained at 4.4% this month.
However, when compared with 12 months ago, properties in every region are generating a smaller return. In October 2016 the England and Wales average was 4.8%.
As usual, properties located in northern regions continue to offer better returns than other areas.
This month the average property in the North East had a yield of 5.1% higher than any other area in the survey. The North West was the only other region to post a similar return, it had a yield rate of 5% this month.
At the other end of the scale, London properties delivered the smallest percentage returns to their owners. The typical property in the capital city generated a yield of 3.2% this month.