Home » Property Market Comments » Boost in buy-to-let market

Boost in buy-to-let market

Let_Sign_gallery


The buy-to-let market continues to show signs of improvement with more lenders entering the market and existing lenders cutting rates across their buy-to-let product ranges.  There are now 306 mortgages available to buy-to-let landlords, compared to just 79 one year ago.




Dominic_Agace_CEO_M WINKWPOTH PLC_ B&W 001

Dominic Agace, CEO of M Winkworth PLC, said:

“There has been some resurgence in the availability of buy-to-let mortgages, although, on the whole, these still remain targeted at those with equity.  As a result, ongoing supply constraints will continue to put upward pressure on rents creating good opportunities for investors with at least 20% equity to achieve healthier gross yields on investment property.”




Buy-to-let examples*, properties available through Winkworth:

* The calculation for gross yield assumes no mortgage and is based on an estimated rental value at the current market rate.


Bath Street, Clerkenwell, London, EC1V – £345,000

BathStreet_Clerkenwell

7.16% gross yield (assuming no mortgage) based on an estimated rental value of £475 per week.


For more information on this property contact Winkworth Clerkenwell on 020 7405 1288.



Elder Avenue, Crouch End, London, N8 – £550,000

ElderAvenue_CrouchEnd

4.02% gross yield (assuming no mortgage) based on an estimated rental value of £425 per week.


For more information on this property contact Winkworth Crouch End on 020 8342 9999.



Bonchurch Road, Ladbroke Grove London, W10 – £350,000

BonchurchRoad_LadbrokeGrove

6.54% gross yield (assuming no mortgage) based on an estimated rental value of £440 per week.


For more information on this property contact Winkworth Ladbroke Grove on 020 7792 5000.



Rampart Street, Whitechapel, London, E1 – £339,000

RampartStreet_Shoreditch

5.37% gross yield (assuming no mortgage) based on an estimated rental value of £350 per week.


For more information on this property contact Winkworth Shoreditch on 020 7749 7650.



Roberts, Walthamstow, London, E17 – £155,000

Roberts_Walthamstow

5.42% gross yield (assuming no mortgage) based on an estimated rental value of £700 per calendar month.


For more information on this property contact Winkworth Walthamstow on 020 8509 9170.



Milton Court, Golders Green, London, NW11 – £159,950

MiltonCourt_GoldersGreen

7.15% gross yield (assuming no mortgage) based on an estimated rental value of £220 per week.


For more information on this property contact Winkworth Golders Green on 020 8458 8313.



The Stable House, Dallington, Northampton – £315,000

StableHouse_Northamptonshire

4.19% gross yield (assuming no mortgage) based on an estimated rental value of £1100 per calendar month.


For more information on this property contact Winkworth Northampton on 01604 824 854.



Romsey, Hampshire, SO51 – £250,000

Romsey

3.84% gross yield (assuming no mortgage) based on an estimated rental value of £800 per calendar month.


For more information on this property contact Winkworth Romsey on 01794 511 911.





  • http://www.propapedia.com/ Chris

    I guess mortgage companies see the relatively low risk in buy to let mortgages where the investor has to invest 20% or more themselves, does sound like a very low risk for the mortgage company.

  • http://www.largemortgagebroker.co.uk EnnessPrivateClients

    There has been a real uplift in B2L mortgage availability this week as a result of increasing competition between the 4-5 active lenders

blog comments powered by Disqus