October 2017 - The North West is home to fastest rising rents in the UK
Landlords enjoy stable returns in September
The yields achieved by property investors across England and Wales in September remained broadly similar to last month, Your Move found.
The South East was the only region to see returns fall month-onmonth, with the average landlord here getting a return of 3.3% in September versus 3.4% a month ago. All other regions offered the same yields as in August but are down compared to last year.
Across all surveyed areas, the average yield in England and Wales remained at 4.4% for a sixth successive month. But despite this stability, yields are still lower than a year ago. In September 2016 the average return was 4.8%.
Properties in northern areas 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 country. The North West was the only other region to post a similar return, it had a yield rate of 5% this month.