Confidence In London?
Over the past month there have been increasing signs of confidence returning to the property market in London. The increase in house prices is thought to have been led mainly by increasing rental yields within the capital.
There are a number of forecasts that suggest London’s price recovery will begin in Hammersmith & Fulham along with Newham and that's down to increasing rental yields in the boroughs.
The average rental yield in Newham was at 4.9% in December 2018 in comparison to 3.6% at the same time the previous year. The 1.3% increase is the largest in any of the London borough's except for the City of London where there was a 1.5% increase.
If the trends, predictions and forecasts are to believed then the next hotspot for investors is set to be Hammersmith & Fulham. This is in mind that rental yields increased by 1.2% from 3.9% in 2017 to 5.1% in 2018.
There are of course other emerging markets that investors are looking to take advantage of which include Hackney and Southwark. Rental yields grew by 0.7% between 2017 and 2018.
During our Property Investing Masterclass we cover amongst many other topics how to invest in emerging markets but also how to predict them. If you'd like more information on any of our courses, please contact us for more details using firstname.lastname@example.org
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