Complex Buy to Let Index for Q2 2012

The Mortgages for Business Complex Buy to Let Index for Q2 2012 has just been released in the latest issue of FirstRate. The main findings show:

•  Yields on multi-units increase to 7.5% in Q2
•  Complex buy to let returns consistently higher than vanilla
•  Mainstream vanilla buy to let yields fall to 6.1% in Q2 from 6.3% in Q1
•  Average number of products rises to 456 in Q2, 13% higher year-on-year
•  Re-mortgaging continues apace as high street banks ask property investors to refinance elsewhere

Source: Mortgages for Business