51% of brokers have been approached by landlords looking to diversify.
56% of these enquiries were around diversifying into HMOs in particular.
With average yield for
HMO properties one-fifth higher than typical rental properties, it’s no surprise 20% of landlords have an HMO in their portfolio.
MUFBs: open the door to higher yields
MUFB properties delivered an average yield of 7.4% in 2018. Perhaps that’s why as a percentage of purchases MUFBs rose from 20% in 2016 to 33% in 2018.View our criteria to help your clients climb the higher value ladder
(Source: Mortgage for Business’s Complex Buy to Let Index)
What regions offer the most potential?
Bristol has the highest rental demand with 50% of properties listed as let. Newport’s next with 39%, closely followed by Nottingham, Plymouth and Cambridge with 30% each.
(Source: Residential landlord, Bunk)
(Source: Zoopla, June ‘19)
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Mortgage Strategy Awards
Voted in part by the public we were awarded Best Buy-to-Let Lender.