A more normal rental market ahead
UK rents are set to grow by 12 per cent over the next five years, according to the property firm Savills, as the market returns to more normal and predictable conditions. The five-year rental forecast expects rental affordability to improve over the five-year period, as income growth remains relatively high and demand eases. “The private […]
Easing of pressures in the rental market
According to the property listings platforms Zoopla and Rightmove, there are now signs of a slight uptick in the supply of rental housing. However, the National Residential Landlords Association (NRLA) is warning that recovery in the rental market remains fragile, with the demand for rental housing still outstripping supply. Data from the research consultancy Pegasus […]