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.
Rents are on the rise, but the pace of growth is slowing down. As renter affordability becomes increasingly stretched, many are exploring flexible location options beyond their city.
our report sheds light on the evolving landscape for first-time buyers, showcasing their resilience in the face of higher mortgage rates and offering strategies to navigate affordability challenges.
The UK government's introduction of the Renters' Reform Bill, aimed at improving the private rented sector and enhancing tenants' rights, has been delayed due to procedural issues.
The housing market is moving towards a soft landing, with demand for homes at its highest level this year, and the probability of a major price correction remaining low.
The market is on an upward trend, with the demand for homes reaching its highest level since last October. All areas are registering an improvement in market conditions.
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