Paragon Mortgages buy-to-let index March 2007 [electronic resource]
Language: English Series: Paragon Mortgages Buy-to-Let Index ; March 2007Publication details: Solihull Paragon Mortgages 2007Subject(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 | 137987-2001 |
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.
Total returns at their highest level since November - up 2% in February to 10%. Regions achieving the highest total returns in February were the North (25.0%), East Anglia (22.1%) and Wales (19.1%). Yields rose to their highest level in six months, increasing from 6.0% to 6.1%. In February the top performing regions in terms of yields were Yorkshire (6.7%), Wales (6.7%) and the South West (6.5%). Rental incomes were also on the rise, increasing 3.9% between January and February. Average rents now stand at £10 334 per annum. Regions achieving the highest rents are London (£17 869), the South West (£12 263) and the South East (£10 824). Property values have continued to rise, from £165 141 in January, to £169 167 in February. Average annual capital gain stands at 3.5%. Regions with the highest annual house price increase are the North (18.6%), East Anglia (16.1%) and Wales (11.4%).