Paragon Mortgages buy-to-let index December 2006 [electronic resource]
Language: English Series: Paragon Mortgages Buy-to-Let Index ; December 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 | 136289-1001 |
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
The average property value of an average property in England and Wales has risen 5.0% over the last 12 months from £154 568 to £162 304 this month. Over the past year the top performing regions by rising property values are the West Midlands (17.4%), the South East (11.3%) and Greater London (11.2%). For the third consecutive month rental yields remain at 6.0%. Regions with the highest yields are Wales (6.4%), the South West (6.3%) and the North West (6.3%). Total returns across the UK have reached 11.4% in November, up from 7.6% 12 months ago. Regionally the West Midlands (24.5%) tops the list in terms of overall returns over a 12-month period followed by the South East (17.6%) and Greater London (17.2%). Average rental incomes have eased slightly this month to £9 665. Regions leading the way are the South East (up 4.4%), the West Midlands (up 3.6%) and Greater London (up 3.5%). Graphs and tables.