Rental yields continue to climb
Buy-to-let investors have seen average gross rental yields edge up to 6.2% in June 2012 compared to 6.0% 12 months earlier, BM Solutions claims.
The increase has been primarily driven by a 5.3% growth in average rental income across Britain over the past year.
Regionally rental yields vary with the highest returns in the North (7.0%) and the lowest in London (4.8%).
The North is followed by the North West, Yorkshire and the Humber (both 6.5%) and Wales (6.2%).
The lowest yields are all in southern England, with East Anglia, South East and the South West all recording returns of just over 5%.
Nationally the average monthly rent increased from £697 per month in June 2011 to £734 in June 2012, a rise of 5.3%.
However, there has been significant variation in rental growth between regions over the past year.
Read the full story at Mortgage Introducer
RentPro property management software for landlords and letting agents.