House prices are falling at the fastest rate in London, handing landlords an opportunity to boost rental yields in a tightening market.
Traditionally the capital’s high prices have pushed landlords seeking higher yields to other parts of the country, such as university towns in the north of England. But new research has underlined how falling prices in London mean that rental yields are on the up.
London house prices fell by 3.8pc in the year to February, the biggest annual fall in more than a decade, according to the Office for National Statistics (ONS). Over the same period, house prices across the country rose by 0.6pc.
London’s declining house prices have understandably spooked many would-be...
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