What's happening to rental values?
"Over the course of 2021, 2022 and 2023 rental values of prime residential property in London rose by an eye-watering average of 23.1%."
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"Over the course of 2021, 2022 and 2023 rental values of prime residential property in London rose by an eye-watering average of 23.1%."
"In the 2023 Autumn Statement the Government announced an end to a four-year freeze in rates for Local Housing Allowance (LHA), the maximum amount people renting from a private landlord can claim in Housing Benefit or Universal Credit."
"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"
"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"
"Seasonality returns to London’s prime rental markets as growth dips marginally into negative territory for the first time since March 2021"
"How do we expect the rental market to perform over the next five years?"
"We discuss recent prime rental movements, identify key market trends, and provide our updated five-year prime rental forecasts"
"Movements in rents of prime houses outside of London appear to be shifting back in line with pre-Covid levels as seasonality returns to the rental market"
"Prime rental growth starts to cool as demand eases back and stock slowly increases. But financial pressures, possible regulation and the alignment between tenants' and landlords' expectations will be key over the coming months"
"Landlords are facing regulatory and financial pressures – we look at what effect this might have"