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The PRS ‘has bounced back well from the Covid-19 pandemic’

Rental yields reached a three-year high of 6% in the first quarter of 2021, according to Paragon Bank.

The research found that rental yields have climbed by 0.2%from 5.8% in Q4 2020 to 6% in Q1 2021. This represents a year-on-year increase of 0.7% after buy-to-let landlords said they were able to generate average yields of 5.3% in Q1 2020.

 

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