View more on these topics

Blackburn sees highest annual rental yield growth


Blackburn was the best area for rental yield growth in England and Wales in the year to July 2016, while parts of the capital experienced a cooling off in prices, according to the latest Buy to Let Index from LendInvest.

The lender found that the Lancashire city saw the greatest growth in rental yields, up 4.13 per cent to 5.69 per cent in the year to July, representing an increase of 37.8 per cent. House prices in Blackburn average out at £95,000.

Carlisle was the next on the list for rental growth, up 36.5 per cent annually, followed by Gloucester where yields were up 19.4 per cent.

On the other end of the scale, Durham topped the list for yield decreases, with a drop of 34.2 per cent. Parts of the capital also made the top 10 for declines in rental yields; with prices in North West London, where house prices average £500,000, down 18.7 per cent.

LendInvest co-founder Christian Faes says: “Savvy property investors won’t only look out for which areas will offer the best returns right now, but are considering the best growth for the months and years to come. That means spotting areas which will become more popular in the future.

“That may be due to improved transport links, for example those towns which are due to be on the new HS2 line, or those which are due to benefit from new infrastructure projects, which will bring additional employment into the region.”



Most BTL lenders expected to adopt 140% rental covers this year

Most lenders in the buy-to-let market will have moved rental covers from 125 to at least 140 per cent by the end of the year, according to Mortgages for Business managing director David Whittaker. Speaking at the FSE exhibition in London today, Whittaker said that brokers have a “fundamental” role in ensuring their clients are […]


Private rental demand cooling: BM Solutions

Demand from UK residential renters is flattening off, according to research from BM Solutions. The research shows that 45 per cent of landlords saw no change in demand from tenants in the second quarter compared to the first. Meanwhile, London was the only area of the UK to see a fall in demand. More than […]


Average rents fell 0.2 per cent in May

Rents dipped by 0.2 per cent from April to May but are still 1.8 per cent higher than a year ago, new figures show. The latest Buy-to-Let Index from letting agents Your Move and Reeds Rains reveals that average rents for homes to let across England and Wales now stand at £792 per month, as […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.

India rate cut – more to come?

Kunal Desai, Head of Indian Equities at Neptune Investment Management India’s stockmarket rallied this week following news that the central bank was cutting interest rates more aggressively than expected. Commenting on the rate cuts and what this means for India’s economic growth, Kunal Desai notes that there were two important details in the announcement that have […]


News and expert analysis straight to your inbox

Sign up