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Harlow is bucking the trend in buy-to-let growth

Business / Mon 22nd Jun 2020 pm30 01:32pm

BUY-to-let (BTL) property yields have remained relatively flat, with growth of just 0.1 per cent year-on-year, new research has found reports p2pfinancenews.co.uk

According to peer-to-peer investment platform Sourced Capital, despite the existence of a number of ‘profitable pockets’, BTL returns have fallen by 0.1 per cent year-on-year in England, and by 0.2 per cent in London.

However, the platform has identified a number of UK-wide locations where BTL yields are bucking the national trend. Corby has seen a year-on-year increase of 0.7 per cent, while Charnwood, Newcastle and Exeter have seen BTL yields rise by 0.5 per cent year-on-year.

Harlow, Ealing in London, and the Orkney Islands in Scotland have all seen a 0.4 per cent increase.

The full article can be found here

https://www.p2pfinancenews.co.uk/2020/06/22/btl-yields-flatline-despite-profitable-pockets/

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