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Real Estate Briefing - Categorized | Finance, Market Moves more

Falling property prices push up buy to let profits

Posted on 11 October 2012

Gross yields on buy to let property in the last three months has risen on all property types apart from semi-commercial, according to the latest figures from Mortgages for Business who say the driving factors behind the increase were a combination of falling property prices and high tenant demand.
Yields on what is called “vanilla buy to let” - buying houses and flats - increased from 6.1 per cent to 6.7 per cent over the past three months, with the average loan to value ratio also going up from 64 per cent to 68 cent.s………………………………………..Full Article: Source


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