Ruislip: 8 UK Buy-to-Let Facts for Ruislip Landlords

The UK buy-to-let market continues to be a significant sector within the property market. Here are eight fascinating facts:

1. Biggest BTL Lender: Lloyds TSB has the most buy-to-let mortgages totaling nearly £8 billion. Nationwide is 2nd at £6.6bn and Nat West is 3rd at £5.9bn.

2. Average BTL Yield:Investors can expect an average yield of 6.7%, making it a lucrative option.

3. Percentage of BTL Mortgages: 12.8% of all mortgages in the UK are buy-to-let.

4. Total Value of BTL Mortgages: The total value stands at an impressive £24.4 billion.

5. Average BTL Mortgage: The average buy-to-let mortgage is £158,500.

6. Average London BTL Mortgage:** In London, this figure rises to £273,050, reflecting higher property prices.

7. Number of BTL Homes in the UK: There are approximately 4.6 million buy-to-let homes across the country. In 1996, it was 1.9 million.

8. Best Postcode for Yield: BD1 offers the highest rental yields, making it an attractive investment area. The worst is W1 in London, which offers yields of only 2.3%.

If you're a Ruislip landlord or considering becoming one, contact us for expert advice and support. We can help you maximise your investment in the buy-to-let market.