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With all these positive market trends, many of you are either already in the process of investing, or are seriously thinking about it.
If you are interested or involved in buy-to-let then one thing you should have in your pocket, saved to your desktop and clickable on your phone is our rental yield guide.
Put together by the brilliant brains in our Woodvale office, this is your at-a-glance guide to the profit potential in every property.
Find your property purchase price down the vertical (remember to include all costs of purchase, including refurb and redecorating) then select your rental income along the top to see what your rental yield will be.
As a rule of thumb, you should aim for a yield of at least 8%; 10% is the 'sweet spot'.
So, as you can see, this is also a tool you can use to decide what rent you need to charge in order for a property to be profitable for you, or to figure out the ceiling of your budget when investing in a buy-to-let property.
Let us know what you think of the tool, and please share this with any friends, family and colleagues who are involved in property rentals or interested in becoming landlords or investors.
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