Complex Buy to Let yields reach new high
According to the latest Mortgages for Business Complex Buy To Let Index, the complex buy to let (BTL) market continues to offer landlords and professional investors better average rates of return than mainstream ‘vanilla’ BTL properties.
HMO yields are at their highest ever level at 10.7% per annum and Semi-Commercial Property (SCP) now averages yields of 7.3%.
While average yields for Multi-Unit Freehold Blocks (MUFB) have fallen over the last quarter, now standing at 6.2% compared to 7.1%, this is due largely to a new product range being introduced by one lender designed to attract smaller properties.
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