{"id":4672,"date":"2022-05-28T23:29:42","date_gmt":"2022-05-28T23:29:42","guid":{"rendered":"http:\/\/box5118.temp.domains\/~mercyho3\/?p=4672"},"modified":"2022-05-28T23:29:42","modified_gmt":"2022-05-28T23:29:42","slug":"london","status":"publish","type":"post","link":"https:\/\/mercy-house.com\/?p=4672","title":{"rendered":"London why buy property here?"},"content":{"rendered":"

London<\/b>\u00a0is the\u00a0capital<\/a>\u00a0and largest\u00a0city<\/a>\u00a0of England and the\u00a0United Kingdom<\/a>. The\u00a0River Thames<\/a>\u00a0travels through the city.\u00a0 London is the biggest city in\u00a0western<\/a>\u00a0Europe<\/a>, and the world’s largest financial centre. London is about 2000 years old and was founded by the\u00a0Romans<\/a>.\u00a0London is one of the world’s most important cities for\u00a0business<\/a>,\u00a0finance<\/a>, and\u00a0politics<\/a>.\u00a0<\/strong>\u00a0\u00a0London<\/em>\u00a0is one of the world’s leading tourism destinations, and the city is home to an array of famous tourist attractions. The city attracted 19.1 million\u00a0…In 2011 visitors to London spent \u00a39.4 billion (of which Nigeria was one of the\u00a0Top 3<\/a>)<\/strong>\u00a0UK property market is one of the most lucrative, with buyers from all over the World with International buyers such as China, the Middle East, Russia and Nigeria.\u00a0The real estate market in the United Kingdom is the largest in\u00a0Europe.\u00a0 Its Financial\u00a0status and Financial currency being its attraction. We strongly advise you have UK\u00a0property in your pension fund, you can buy from anywhere\u00a0in the world and have it managed by real estate, so you don’t\u00a0have to do anything. \u00a0 With the provision of Buy to let Mortgages once you have 40% of property value makes it easier to buy a residential home, holiday home or student accommodation. You can arrange\u00a0a long-term\u00a0tenancy or arrange it as a short let and get your money straight into your bank with no fuss at all!. Call us now!<\/strong><\/p>\n

Buy-to-Let Yield Map 2018<\/h1>\n

Tighter lending criteria, the tenant fee ban, and changes to mortgage tax relief are all making it harder for landlords to turn a profit. But yields don\u2019t have to be small \u2014 if you know where to look\u2026<\/p>\n

 <\/p>\n

    \n
  • NE6 ranks sixth, with an average buy-to-let yield of 9.48%. It covers Walker, Byker, and Heaton.<\/li>\n
  • It\u2019s a couple of miles away from Newcastle University, making it a viable buy-to-let hotspot for student accommodation. It has a student population of close to 24,000.<\/li>\n
  • \"Image<\/li>\n<\/ul>\n

    London\u2019s low lettings lucre<\/h2>\n

    It might come as no surprise that London didn\u2019t perform well for rental yields. Property prices are much higher than those in other areas across England, Scotland, and Wales, making it much harder for landlords to turn a profit.<\/p>\n

      \n
    • North London is the area to avoid if you want maximum return on investment. Of all the London postcodes surveyed, five north London postcodes feature in the bottom 10.<\/li>\n
    • N6 performs worst, with an average rental yield of just 1.5%. The postcode covers Highgate and Hampstead Heath.<\/li>\n
    • N2 comes second from bottom, with an average rental yield of 1.54%. The postcode covers East Finchley, Fortis Green, and Hampstead Garden Suburb.<\/li>\n
    • Nearby commuter locations Bromley (BR7), Dartford (DA5), and Tonbridge (TN2) also have low profits, with average yields of 2.25%, 2.16%, and 2.1% respectively.<\/li>\n<\/ul>\n

       <\/p>\n

      Look to students for good rental yields: university hotspots<\/h2>\n

      Our research shows university cities have some of the highest rental yields, with Liverpool, Manchester, Middlesbrough, Newcastle upon Tyne, and Edinburgh shown to be top performers. Due to new students arriving in these cities year after year, there\u2019s no shortage of tenants for landlords to choose from, making void periods very unlikely.<\/p>\n

      Liverpool<\/h2>\n
        \n
      • Liverpool has three universities and a student population of 70,000, making it a hotspot for buy-to-let investors.<\/li>\n
      • L7 ranks first, with an average rental yield of 11.79%. The postcode covers the city centre, Edge Hill, Fairfield and Kensington, and is close to two of Liverpool\u2019s three universities.<\/li>\n
      • L6 ranks second, with an average rental yield of 11.59%. The postcode covers Anfield, the city centre, Everton, Fairfield, Kensington, and Tuebrook.<\/li>\n
      • \"Image<\/li>\n<\/ul>\n

        Middlesbrough<\/h2>\n
          \n
        • Middlesbrough’s TS1 town centre postcode is home to Teeside University. It has a student population of close to 22,000.<\/li>\n
        • TS1 ranks third, and has an average rental yield of 10.94%.<\/li>\n
        • TS1 also has an average asking house price of \u00a365,638, making it one of the more affordable buy-to-let hotspots.<\/li>\n<\/ul>\n

          Edinburgh<\/h2>\n
            \n
          • Edinburgh has a student population of close to 35,000.<\/li>\n
          • EH8, home to the University of Edinburgh, ranks fourth and has an average rental yield of 10.62%.<\/li>\n
          • The University of Edinburgh ranks 6th best in the UK, according the Times Higher Education World University Rankings.<\/li>\n<\/ul>\n
              \n
            • With four universities and a student population of 100,000, it\u2019s not hard to see why Manchester\u2019s rental market is strong.<\/li>\n
            • M14 ranks fifth overall, with an average rental yield of 10.08%. It covers Fallowfield, Moss Side, Ladybarn, Rusholme, and Victoria Park.<\/li>\n
            • M14 is home to Manchester Metropolitan University, as well as Fallowfield and Saint Gabriels Hall \u2014 campuses for the University of Manchester.<\/li>\n
            • M19 ranks ninth, with an average rental yield of 8.6%. The postcode covers Levenshulme, Burnage, Heaton Mersey, Heaton Chapel, and Reddish.<\/li>\n<\/ul>\n

              Newcastle upon Tyne<\/h2>\n
                \n
              • NE6 ranks sixth, with an average buy-to-let yield of 9.48%. It covers Walker, Byker, and Heaton.<\/li>\n
              • It\u2019s a couple of miles away from Newcastle University, making it a viable buy-to-let hotspot for student accommodation. It has a student population of close to 24,000.<\/li>\n<\/ul>\n

                 <\/p>\n","protected":false},"excerpt":{"rendered":"

                London\u00a0is the\u00a0capital\u00a0and largest\u00a0city\u00a0of England and the\u00a0United Kingdom. The\u00a0River Thames\u00a0travels through the city.\u00a0 London is the biggest city in\u00a0western\u00a0Europe, and the world’s largest financial centre. London is about 2000 years old and was founded by the\u00a0Romans.\u00a0London is one of the world’s most important cities for\u00a0business,\u00a0finance, and\u00a0politics.\u00a0\u00a0\u00a0London\u00a0is one of the world’s leading tourism destinations, and the city […]<\/p>\n","protected":false},"author":1,"featured_media":4677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15,12,24],"tags":[81],"_links":{"self":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/posts\/4672"}],"collection":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4672"}],"version-history":[{"count":0,"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/wp\/v2\/posts\/4672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mercy-house.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}