In fact, the rental increase over the period of April 2016 was 0.3% – what sounds like a small figure initially but for a month-on-month increase is actually substantial enough to be the largest rise since last autumn, and Rents in the East Midlands, West Midlands and East of England are now at an all-time high.
Clearly this is showing the strength of the Buy to Let market, as it remains the top performing asset class as yields and returns remain steady despite questions about the rental market with the upcoming Brexit vote alongside the series of regulations the government has been putting into place.
At the same time, rental arrears have fallen to just 8.1% of total rents due across the board, a fantastic figure that represents tenants becoming savvier with their money and better at handling their finances and ensuring rents are paid on time.
Altogether these points show that the Buy to Let market is still trucking along and that Landlords should not be afraid to invest in a thriving market that is definitely still profitable.
Figures show that landlords looking to invest and further their portfolio over the course of the next few months would be best to focus on buying up one bedroom flats, a survey by Amicus Property Finance has found.
The survey shows that one bedroom flats have a much higher yield and offer the most capital gain, followed closely by student accommodation in university cities and towns. Two bedroom flats have also headed up the survey as offering attractive returns for professional tenants or couples looking to rent.
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