Due to high house prices, London has consistently shown the weakest rental yields out of all the regions tracked, but yields in London also followed a positive trend showing a leap from 5.87 per cent in the third quarter to 6.03 per cent in the fourth quarter, putting an end to the steady decrease in rental yields shown over the last six months.
Lee Grandin, managing director of Landlord Mortgages, says: �Despite dire predictions for the future of the buy-to-let industry at the start of 2005, last year saw the overall market stabilize and remain healthy. Provided the economy remains stable and we don�t experience any sudden increases in the base rate, we firmly believe that 2006 will see a vibrant buy-to-let market across the UK with growth driven by increased consumer confidence and high demand.�
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