Scotland can provide buy-to-let investors with better rental yields than England, according to research released by Landlord Mortgages today.
The research claims that rental yields have been falling for years and, despite some fluctuations, yields in England have fallen from over 7% at the end of 2002 to just 5.42% in the second quarter of 2007. Scotland has consistently seen higher rental yields that England and recorded an average of 5.85% in the second quarter of 2007, down from 5.99% in the previous three months. London saw the biggest drop in yield according to Landlord Mortgages’ data, down from 5.96% to 5.39%. Landlord Mortgages claims that falling yields are due to high house price growth and static rents, which is ...
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