Buy-to-let flees overpriced capital

Astronomical property prices are a major gripe in London, but now comes evidence that people really are paying over the odds for living space in the nation's capital as returns on buy-to-let properties are now best in regional centres. Property developer Crosby Homes and property consultant Knight Frank have jointly produced a survey of the UK buy-to-let market and found that returns last year easily outperformed the stock market. Top returning city was Bristol, where a typical two-bedroom flat would have returned a net yield of more than 24%. Birmingham produced a net yield o...