Paragon Mortgages buy-to-let index August 2006
Language: English Series: Paragon Mortgages Buy-to-Let Index ; August 2006Publication details: Solihull Paragon Mortgages 2006Subject(s): LOC classification:- 332.6324 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 135278-2001 |
Highlights -- Averages -- Rental yield average for England and Wales -- Property value and rental income average for England and Wales -- Landlord property value, rental value, yield and percentage change by region -- Landlord property yields by region -- Landlord property values by region -- Landlord rental incomes by region -- Landlord property value, rental value, yield and percentage change by property type
Yields remained stable in July at 6.04% and were highest in East Midlands (6.60%), Wales (6.41%) and northwest England (6.37%). Property values fell slightly by £776 or 0.45% as the market marks a seasonal slowdown but remain 4.7% higher than three months ago. Rental incomes eased by a similar percentage (0.39%) in the month to July. Over the past quarter, rents have risen by almost 2.8%. Nine regions out of 10 have seen a rise in rents this quarter, led by East Anglia, northern England, Greater London and the East Midlands. In July East Anglia heads the table in terms of overall returns. The total return on a typical property in East Anglia bought 12 months ago was 34.06%, ahead of Greater London at 28.53%. Tables and graphs.