Rental yields continue upward trend

Scotland recorded the largest increase with yields growing from 6.88% in the final quarter of 2004 to 7.37% in the first quarter of 2005. London also saw growth over the period with yields increasing from 5.96% to 6.08% as did the rest of England (6.03% to 6.08%). Landlord Mortgages says this is positive news for the buy-to-let market which had seen rental yields fall between Q3 2004 and Q4 2004. The first quarter of 2005 has also seen rental yields in London catch up to match average yields across the rest of England for the first time. This could be attributed to house prices across the...