Prime rental market update
"Prime rents continue to increase, despite tenant’s affordability constraints and an easing in acute stock shortages"
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"Prime rents continue to increase, despite tenant’s affordability constraints and an easing in acute stock shortages"
"Prime rents continued to increase over the second quarter of this year despite constraints on tenants' affordability and a slight easing in acute stock shortages. But with challenges facing the rental market, including increased mortgage costs, energy efficiency requirements and the Renters (Reform) Bill, what will be the impact for landlords and tenants?"
"It’s more important than ever that landlords are able to navigate the changing landscape."
"Whilst demand remains strong, tenants' budgets are beginning to come under pressure with rising inflation and the increasing cost of living. As a result, we expect the gap between tenant and landlord expectations to widen in the short term with landlords who choose to price sensibly attracting the most interest"
"Rents outpaced capital values last year, increasing by an average of 5.9% in 2022, and bringing total growth to 10% in the last two years"
"Average gross yields in 2022 have increased for London’s prime housing stock, as rental growth outpaced capital value growth in the first three quarters of the year and capital values softened in the final three months of the year"
"Strong demand and lack of stock looks set to keep upwards pressure on rental values across London and the commuter belt."
"Following strong levels of rental growth over the first half of 2022, we predict the acute lack of stock and continued strong demand will maintain pressure on prime rents across both London and the commuter belt, at least in the short term"
"The race for space. The return to the office. Hybrid working. We chart how factors such as these have influenced the performance of rental values across the London and commuter belt markets since 2020"
"Lifestyle changes continue to drive market growth"