Rental yields rise for landlords as market can't meet demand
Yields on rental properties are rising as a result of increased tenant demand and rising rents, new research has revealed.
The latest survey from the Royal Institution of Chartered Surveyors (RICS), shows that in the three months to October, 15 per cent more chartered surveyors reported rental yields rose rather than fell.
This is the seventh consecutive quarter that yields have increased. According to RICS, it reflects the “imbalance between rental demand and supply which is continuing to push rents higher”.