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September 2017 - Rents rise across much of England and Wales

North East continues to offer best returns

  • Yield levels remained flat in most areas of England and Wales during August, Your Move found.

  • The North East was the only region to see yields fall month-onmonth, dropping from 5.2% to 5.1%.

  • However, landlords and property investors in the North East continue to enjoy higher returns than any other region.

  • The North West - where the average yield was 5% during August - was the only other area to post a return of 5% or more. In London the average yield was 3.2% in August, the lowest in the survey. However, this return has remained steady throughout 2017.

  • Apart from the North East, each of the nine other regions saw yields remain level between July and August.

  • The average yield across England and Wales now stands at 4.4%, the same as last month. However, this is down on the 4.9% recorded at this point a year ago.

  • On a yearly basis, each of the regions in this survey recorded lower yields than 12 months ago.

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