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Monthly Archives: September 2017

UK Drops To 25th In EU Buy to Let Rental Yield

As a landlord you will no doubt be seeking to obtain the best rental income yield possible on your investment property as well as hoping for a progressive increase in the property’s value. So, how is the UK doing in respect of rental yields in comparison to other countries in the European Union (EU)? Well, according to WorldFirst’s European Buy to Let league table, the UK has unfortunately seen its placing fall to 25th in respect of average rental yields on buy to let properties. Here in the UK the average yield is 4%. It is disappointing to see that the UK is now fifth from bottom of the league table with Austria, France, Croatia and Sweden below us. Sweden is at the bottom of the league table with an average rental yield of 3.03%. So, which EU country is at the top of the table? Well, you would only have to travel over the Irish Sea to Ireland that features in number one spot with an average rental yield of 7.08%. That is a significant difference to that of the UK. In second place is Malta with an average rental yield of 6.64%, in third place is Portugal at…

Number Of Landlords Falls

According to the Countrywide PLC Monthly Lettings Index that was produced for August 2017 the number of landlords here in the UK has gone down by a significant number. In fact, the reduction is 154,000 since 2015. However it is interesting that the number of rented homes has gone up by 171,000. On that basis, this would indicate that a lower number of landlords are renting out more residential properties. In fact, on average a landlord is now renting out 1.44 residential properties whereas back in 2010 the figure was 1.24 homes. This is a significant difference. Between 2007 and 2017 there has been a 33% rise in the number of landlords who are the owners of 10 or more investment residential properties. It is also interesting that back in 2010, 86% of landlords owned just the one investment residential property whereas this year the figure had dropped to 73%. Rental income increased by an average of 1.6% to £954 per calendar month in Great Britain when comparing August of this year with August 2016. It was the South West that saw the largest increase in rental income between the above period with rents rising by an average of 4.7%….

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