Scottish rental returns showed the largest drop, falling from 8 per cent in 2002 to 6.46 per cent in 2006. Less dramatic declines were recorded in England, from 7.1 per cent to 5.74 per cent, while in London, rental returns dropped to 5.81 per cent.
AToM extends offer
All Types of Mortgages (AToM) has extended its discounted £99 valuation offer until the end of January.
Dale Jannels, sales and marketing director at AToM, commented: “We are delighted to move into 2007 and be able to extend our £99 valuation offer for a further month. We always strive to give mortgage intermediaries the very best offers possible, as reflected in this opportunity. We have 11 on-site lending partners and offering a reduced valuation fee along with the in-house control can only be good for our mortgage introducers and their customers.”