Best UK Universities For Rental Yields
The best universities in the UK for high rental yields have been revealed.
According to a survey by one flat-sharing website, the best yields for buy to let investors is to buy a student property close to the University of Edinburgh.
Yields there top the survey at 7.77%, with another three popular university cities also delivering yields of more than 7%.
They are Nottingham Trent, Leicester and Dundee with Liverpool also offering an investment hotspot with yields of 6.94%.
Best universities for delivering high yields
Next on the list of best universities for delivering high yields is Leeds with 6.8%, Strathclyde on 6.64% and Northumbria and Newcastle with 6.58% each.
The 10th spot is taken by Aberdeen which delivers yields of 6.2% and is also one of the most affordable areas for students to rent in.
A spokesman for the site said: "While some of the best universities in the country are in London they are problematic for landlords and tenants alike with high rents costs which makes them difficult to rent and minimising investment returns for landlords.
"The 'university towns', such as Leeds and Nottingham, with a large proportion of their population being students, are reliable in terms of yield for landlords and offer consistent demands with short vacancy periods and a constant income stream."
What landlords can do to avoid making insurance claims
Meanwhile, one letting agent has analysed the reasons why people claim on house insurance to offer advice for landlords to keep their costs down.
The findings from Howsy looked at information published by the Association of British Insurers to find that escaping water is the main cause of house insurance claims.
That's followed by fire, explosions and theft.
Urge landlords to inspect their property's roof
To prevent any water damage, they urge landlords to inspect their property's roof for debris and broken tiles, to clean the gutters regularly and seal windows and check pipes.
To avoid fires and explosions, they should check their property's heating system and have it serviced regularly by professionals.
The chief executive of Howsy, Callan Brannan, said: "Landlords face a number of problems but their property can also have issues that cause a financial inconvenience.
"Keeping their property fit for purpose is vital financially but also a legal one and failing to do so can cost money and time. In a worst-case scenario, it can lead to legal action.
"All landlords should ensure that property maintenance is undertaken frequently and thoroughly not just for their sake, but also for their tenants."