Buy-to-let is booming, with growing numbers of
professional and amateur investors seeking to pour yet more cash into a market
worth £1 trillion. But where to invest? Rising property prices have forced down
yields – the ratio between rental income and the property's value – to levels
where, even for cash buyers, the returns are unattractive. For those with
mortgages to service there are additional risks. New research by HSBC, which
conducts an annual review of rental yields around Britain, shows that
Manchester, Kingston upon Hull and Blackpool are the best places to invest
right now. This is due to modest property price rises and strong rental demand.
Read more on the Daily Telegraph website.
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