"A triple whammy of financial and regulatory pressures will drive a wedge between smaller, more indebted landlords and larger investors with less exposure to mortgage debt, who are better placed to capitalise on future rental growth"
"Prime rents continue to increase, despite tenant’s affordability constraints and an easing in acute stock shortages"
"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"
"Lifestyle changes continue to drive market growth"
"Rents and capital values of prime property continue to rise despite increasing interest rates and geopolitical uncertainty. But how long might it continue?"