New Mortgage Guides

Other Mortgage Guides

Mortgage Types

Mortgage Tools

Buy to let mortgages up

Wed, 18 Jan 2006

Landlord Mortgages, regarded by many as the largest specialist buy-to-let broker in the UK, have revealed figures that show a rising rental yields picture for England at the end of last year. This buoyant market puts an end to declining yields over the six months previous, and the buy-to-let mortgage market is looking healthy.

Yields were shown to have risen from 5.87% in mid-late 2005, to 6.03% by the year’s end. The surge in rental yields came at the end of a period that saw dismal forecasts for the buy-to-let industry. The MD of Landlord Mortgages, Lee Grandin, said that the market was now both healthy and stable.

Furthermore, he highlighted the strong rental market in London itself, as more people are prevented from getting onto the property ladder. London-based landlords were reaping considerable profit, as yields hit a high of 6.27%.

Scotland unfortunately continued to show a decrease in rental yield, as house prices in the region continued to grow. Landlord Mortgages forecast that, short of a Bank of England base rate hike, 2006 will continue to be ‘vibrant’ for the buy-to-let mortgage market, right across the UK.

Buy-to-let landlords on average look to hold their properties for fifteen years.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

 

 

Mortgage lenders

Browse mortgage lender offersMortgage Rates by Lender

  • Browse current mortgage offers from over 90 lenders.
Browse

Worried about mortgage repayments?Worried about Mortgage Repayments?

  • Join our petition to Government to bail out burdened individuals, not just banks.
Sign the petition

Free mortgage quoteFree Mortgage Quote

Apply Here

Mortgages in Scotland Mortgages in Scotland

Read More

Equity releaseEquity Release

  • Unlock equity in your home.
Apply Here

Switching mortgagesSwitching Mortgages

Read More

Home reversion plansHome Reversion Plans

Apply Here

Commercial mortgages Commercial Mortgages

  • Commercial property loans
  • Starting a business?
Apply Here

Arrears & CCJs?

  • Remortgages
  • Sub prime mortgages
  • Arrears, CCJs
  • Self certification
  • Debt consolidation
Apply Now

Protect your mortgageProtect Your Mortgage

  • 3 months free mortgage protection cover
Apply Now

Mortgage Newsletter