UK Landlord Forum / Life

I am a novice landlord about to buy my 3rd property. At the moment my main concern is interest rates increasing or/and rents decreasing. I thought the best way to quantify the risk would be to look at what happened historically.

Unfortunately I am struggling to find a graph showing the rents over the last 10 years or so. Is there anyone here that can give me some insight into the rental market over the last 10 years. Has rent ever decreased  in London or does it just remain stagnant? Has anyone ever decreased their rent in London?

How about a pie chart or Venn diagram?

Oh, hang on... are you under the misconception that you can predict the future by reviewing the past?

You can't. Really. The future is... unknown.

I'd create a model with assumptions, then I'd double those, then I'd use that number to order a Chinese takeaway with chips (53).

Not really predict but use it as an indication.

If rent has never gone down over the last 10 years when the economy has gone through various ups and downs then, according to me, there is less risk than if rent fluctuated. It is an indication of the volatility of the rental market in London. Obviously not the only factor that needs to be looked at.

Sounds great. Please share what you produce.

Can anyone who ownes property in London let me know what is considered a good yield...

6,75%?

Quote from: Fishfinger on November 26, 2015, 08:27:36 PM
Can anyone who ownes property in London let me know what is considered a good yield...

10.10%

Are you mental?

The highest I'll go is 8.43%... er...