Average rental yields remain high

Landlords achieved a rental yield of 6.3% on average in 2012, research commissioned by specialist lender Paragon Mortgages shows. Their landlord survey, carried out by BDRC Continental, showed that landlords achieved a consistent average yield throughout 2012, peaking at 6.7% in Q3 and for the remaining quarters reaching 6.2%. Landlords in the North East achieved the highest average yield in 2012 at 6.6%, followed by landlords in the East of England with an average yield for the year of 6.5%. The London rental market has remained strong throughout the past 12 months, with tenant demand reaching new peaks. The average yield achieved by landlords in central London in 2012 was 6.4%. February 22, 2013