Boost in buy-to-let market

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 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
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

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

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

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
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

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

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

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.
