LendInvest has released its latest quarterly research Index on the UK Buy-To-Let market that has tracked changes and trends in landlord rental yields and capital gains since 2010.

In addition to updating its quarterly report comparing rental yields and capital gains in postcode areas around England and Wales, the latest LendInvest Buy-To-Let Index looks at how rental yields and capital gains differ between English local authority districts that voted to ‘Remain’ or ‘Leave’ in last month’s EU Referendum.

Key findings include:

Only two of the top 20 local authority districts for rental yield voted to remain in the EU - Manchester and Liverpool.

In contrast, only two of the top 20 districts for capital gains - Barking & Dagenham and Spelthorne (Surrey) - voted in favour of Brexit.

Christian Faes, co-founder and CEO at LendInvest, said: “It’s very interesting that the top districts for rental yield, which are often found in the North East and North West, voted so overwhelmingly for Brexit.

“The areas that have seen the best of the recent boom times have generally enjoyed the biggest house price rises, and with that offered the greatest capital gains. Perhaps it is no surprise that they were sufficiently content with the status quo to vote Remain. Areas which have seen far more modest house price rises appear to have been more disposed to voting for the change promised by Brexit.”