North West leads rental yield ta­ble

Yorkshire Post - Property - - FRONT PAGE -

THE first rental yield league ta­ble of 2012 has re­vealed that land­lords in the North West have taken the top spot.

Re­search by Paragon Mort­gages, says the yield in the North West was 6.6 per cent – an in­crease from 5.9 per cent in the last quar­ter of 2011.

The north­ern regions dom­i­nated, with land­lords in the North East achiev­ing an av­er­age yield of 6.5 per cent. Fol­low­ing in third place was the South West with a yield of 6.4 per cent and the East of Eng­land with 6.3 per cent. Av­er­age York­shire yields were 5.7 per cent.

John Heron, of Paragon Mort­gages, says: “The rental yield is im­por­tant for land­lords as it gives a good in­di­ca­tion of how well a prop­erty is per­form­ing.”

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