28 Mar

Yields 'strong in London'

Yields 'strong in London'

Areas of London and the south-east provide strong opportunties for buy-to-let investors, according to new figures released by Hamptons International.

Over every property type, the organisation revealed that the best yields are in the City (5.08 per cent), Kensington (5.19 per cent) and Islington (5.43 per cent), reports Mortgage Solutions.

And for those looking to make inroads into areas outside the capital, Brighton (4.32 per cent), Hove (4.22 per cent) and St Albans (4.02 per cent) were highlighted as places with strong yields.

Research manager for Hamptons International Rob Bruce stated that the figures are higher than inflation in house prices.

"For those looking to acquire new assets and happy to accept a longer-term view on capital appreciation, it is worth also noting that the average initial income returns are higher than recent years," he commented.

This week it was also revealed that NatWest is to alter its buy-to-let portfolio at the end of March, with new fixed-rate deals available.ADNFCR-1222-ID-18527967-ADNFCR

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