This the first in our series of quick updates on the UK property market, taken city by city.
This table shows the data on average price paid and gross yields achieved in some of the key investment hotspots across the UK.
The overriding message is that the UK property market continues to be very strong, with Nationwide reporting house prices rising 10.9% in the year to May 2021, to record highs.
At BellPepper, we like to go behind the headlines, and there are a few stories in here that aren't being picked up by much of the media:
Scotland is doing better than expected - although Scottish price paid data is not published in the same way as for English properties, anecdotal evidence we have collected indicates that the market is performing extremely strongly.
London continues to underperform - in London as a whole, yields are down, mainly driven by a significant fall in rental levels, down 9.4% in the year to March according to Hometrack.
Announcement - Next week, we'll be announcing an exciting new FREE service - Investment Location Reports. This is where we dive into the main areas of the UK, and tell you whether or not they are a good place to invest. Email us at [email protected] if you would like to be the first to be notified.