On the basis that London and the surrounding areas have plateaud (for now) I scouted Brum at the weekend and will be buying there as well as Manchester.
I'm finding it really hard to decide between yield or capital growth. Ideally I'd like a balance of both however determining the areas is proving to be a nightmare. Equivalent size propertes merely streets apart can vary wildly!
Solihull sounds like a safe bet for capital growth however even if I haven't missed that boat (?) what good is capital growth if I can't release it? (I'm referring to the new stress rules on mortgages).
So, whilst I'm hedging my bets between both cities I also need to make an effort to hedge within each city between yield/growth! Not easy when you don't really know the place.