What Is a Good Buy to Let Yield?

What would you consider to be a good yield when you go looking to buy your next buy to let property? According to research undertaken by Paragon Mortgages, released in February 2013, during 2012 the average yield achieved by landlords was 6.3%. This is the return purely from the rent, and doesn’t include any return…

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Buy to Let Investors Optimistic About 2013

According to research released by Paragon Mortgages in February, 76% of landlords surveyed are optimistic about the prospects for the Private Rented Sector in 2013, with 41% expecting tenant demand to increase. Perhaps not surprisingly then 15% of landlords expect to buy more buy to let properties in 2013. Of those responding to the survey…

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Property Market More Active Than Its Been For Six Years!

If you’re wondering if now is a good time to get into buy to let, here’s some interesting anecdotal evidence for you. I’ve just got back from my local property auction where, once again, it was standing room only. In his introductory remarks the auctioneer said what I’ve been thinking for a while. He said,…

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Largest Number of People Think House Prices Will Increase Since April 2011

In an earlier post (House Price April Fool) I was saying that the property market runs on confidence and credit, both of which go hand in hand. The latest Halifax Housing Market Confidence Tracker shows respondents are more optimistic about property prices since the tracker began back in April 2011. More than 4 in 10…

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Property Prices Increasing For Buy to Let Investors?

If you are thinking of getting into buy to let, or are thinking of adding to your existing buy to let portfolio, you might be interested in the latest report from LSL Property Services, which might influence where and when you buy. LSL produce a monthly property index which is, in effect, a composite of…

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House transactions to increase to 1m in 2013 as market continues to recover

Here’s some interesting property market optimism fuelled by the recent budget. They predict there will be no effect on house prices this year but that prices will increase by 2.1% in 2014 and then 5% in 2015. Peter Spencer, chief economist says, “…the chancellor has focused his fire power on the home front. And the…

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Buy to Let Landlords more Optimistic Than At Any Time Since Mid 2010

A recent survey of buy to let landlords by specialist buy to let mortgage lender Paragon Mortgages shows that landlords are more optimistic now than at any time over the last 3 years. Strong tenant demand means that the average void period is down to 2.8 weeks, and more landlords consider buy to let mortgages…

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Tenants Staying in Buy to Let Properties For Longer

According to research by the Association of Residential Letting Agents (ARLA) the average length of a tenant’s stay in a buy to let property has increased from 19 months in Q1 2012 to 20 months today. This is the longest period recorded so far. Almost 57% of ARLA agents report that there are more tenants…

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