LendInvest Buy-to-Let Index Reveals Declines in Manchester and Liverpool House Prices
LendInvest, the world’s largest peer-to-peer platform for property, launched an index on the UK Buy-To-Let (BTL) property market. The LendInvest Buy-To-Let Index is published quarterly, and uses recent asking price sales and data to provide a snapshot of the UK property market, and then overlays the current rental prices to obtain an accurate yield for UK BTL property.
The LendInvest Buy-to-Let Index Q1 2015 published some interesting results on the market, using over 1 million price points, covering the whole of the UK:
- 4 of the 10 highest rental yielding postcodes are to be found in Birmingham, followed close behind by 3 of the 10 in Glasgow with Ipswich and Liverpool also making it into the top 10.
- The average rental yield for a 1 bed property across the UK is 5.9% compared to 5.3% for a 2 bed, 4.7% for a 3 bed and 4.0% for a 4 bed.
- According to Price Paid data from Land Registry capital gains are 2.6% per year across the UK from the year 2010 to 2014.
- Areas in Manchester and Liverpool have actually experienced declines in house prices year on year.
- Postcodes WC1, WC2 and N5 in London have the highest returns on investment yielding up to 25% year on year.
- The highest house price increase has been seen in Hackney over the period 1995-2014 experiencing up to an 8 fold increase, closely followed by Kensington and Chelsea (7 fold increase).
The LendInvest Buy-To-Let Index is freely accessible on LendInvest’s website, and provides various interactive graphs and charts, providing a powerful new tool for BTL investors.
The data for the LendInvest Buy-To-Let Index uses data from Zoopla, one of the largest and most comprehensive property data providers and historical data from Land Registry, making the LendInvest Buy-to-Let Index the most extensive publicly available assessment of the UK BTL property market.
About LendInvest:
LendInvest is a leading short-to-medium term Buy-To-Let lender in the UK, and the world’s largest peer-to-peer marketplace for real estate.
To access the LendInvest Buy-To-Let Index, please see here:
About LendInvest
LendInvest is the UK’s leading platform for property finance.
LendInvest offers short-term, development and buy-to-let mortgages to intermediaries, landlords and developers. Its proprietary technology and user experience are designed to make it simpler for both borrowers and investors to access property finance.LendInvest has lent over £3bn of short term, development and buy to let mortgages.
Its funders and investors include global institutions such as HSBC, Citigroup and NAB, and, in 2019, it was the first Fintech to securitise a portfolio of BTL mortgages. The company has reported annual profitable growth since 2015 and was named Digital Innovation Award Winner at the Sunday Times Tech Track 100 Awards, and both Specialist Lender and Buy-to-Let Lender of the Year for 2019 at the last NACFB awards.