Tenant demand fuels buy-to-let growth

The feel that demand for rental properties is rising, according to a new survey – a belief that is helping to sustain buy-to-let lending at this difficult time for the mortgage market. Recent figures revealed that rental yields reached 6.4 per cent in May, up from 6.1 per cent a year previously, while average annual rental incomes were up by 11.7 per cent year-on-year at £11,952.
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