Rental Yields Are Now 3 Fold Higher on Low Cost UK Property in Lancashire When Compared with London

Lancashire, UK (PRWEB UK) 30 November 2014

Foreign investors consider London first when they want to put money into UK Property. The property boom in London over the previous decade has meant that costs in London are quite high. These high property costs in London with no substantial increase in lease has meant that rent return in several regions of the capital has dropped below 3% as evidenced by data from properties handled by Discover UK Property.

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In the other hand Rental returns on low cost 2-bedroom terraced houses in Lancashire approach 9% following the fall in property prices over the previous 8 years. This is bringing a growing variety of foreign investors to search outside London for UK buy-to-let property. Thus Find UK Property has ceased advocating London to new UK property investors. !

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Andy Noble, Senior Advertising Advisor at Find UK Property said “Non UK Residents including Expats are currently looking outside London because of the high costs and low rental yields of the Capital.”

He added: “Growing amount of foreign buyers are now looking carefully at rental returns to produce income as well as their research is taking them down the road of purchasing lower price terraced property away from London. This produces income that is higher for equal overall value of investment.

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About “Locate UK Property”



Find UK Property are the ‘buyers’ broker and specialize in helping serious foreign buyers locate the most appropriate investment property for their needs. The organization conducts regular surveys on foreign investors and findings are printed at their “UK Property News” Site at http://ift.tt/1y7Wk0S.

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Typically the most popular purchase are the completely handled low cost houses in GBP48,000 to GBP70,000’s budget that come with bonded rent, and complete direction, repair guarantees. Many customers are experienced investors who might have bought investment property in other nations via Sandcastles located in Dubai and sister companies Openshore Property. Additional details are available in the Locate UK sales web site at http://ift.tt/1y7Wm8Y

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