The UK rental market in November 2023 experienced a slight slowdown, characterized by a monthly decrease of -0.3%. Despite this minor dip, year-on-year rental prices continued their upward trajectory.
Our latest comprehensive report delves into the multifaceted repercussions of this shift, revealing trends in transactions, pricing, and buyer behavior
The market is adjusting to higher borrowing costs, with interest rates held steady at 5.25%.
The sales market in the real estate industry has experienced an uptick in buyer demand following a decline over the summer.
18 months of double-digit rental inflation! Despite a 20% decrease in demand compared to last year, the demand for rented homes is still 51% above the 5-year average.
The housing market is facing challenges due to higher mortgage rates and cost-of-living pressures. This has resulted in weaker demand, fewer sales, and low house price growth.
The rental market in the UK continues to face high demand and rising rents, with little sign of relief in the near future.
The UK rental market continues to experience rapid growth, posing risks for both tenants and landlords. There is a growing concern that tenants across the country may struggle to pay their rent.
According to the latest market report, the demand for homes in the UK has fallen by 18% in the past two months, primarily due to a spike in mortgage rates.
The UK housing market is experiencing a decline in affordability for new home buyers. High inflation and increasing mortgage rates are impacting sales volumes and price growth.
UK rental inflation continues to rise for the 15th consecutive month, with rents registering double-digit growth. Despite seasonal factors contributing to a slight decrease in the annual rate.
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