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08th February 2012

New landlords pile into buy-to-let

Buy-to-let returns are on the up – and new landlords are piling into the sector.

According to Knight Frank agents, the average annual yield nationally was 5.4% last year – compared with a FTSE All-Share index yield of 3.8%.

In separate research, the website FindaProperty says that in Greenwich, London, yields are 10.2% and in parts of East London are 9.4%.

Meanwhile, Paragon says that almost one in four buy-to-let loans went to first-time landlords in the last quarter of last year – the highest level since 2006.

If you want information on lettings or have a property coming up for rent contact us now for a free rental appraisal.

T: 01243 823000

E: bognorregis@martinco.com