Prime residential rents – Q4 2023
Contains 3 articles"We discuss recent prime rental movements, identify key market trends, and provide our updated five-year prime rental forecasts"
Tagged Articles
"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"
"How do we expect the rental market to perform over the next five years?"
"Lucian Cook highlights the impact of mortgage debt, the influence of government policies on housing, and his five-year predictions for the UK's property market"
"Cash buyers have supported activity across prime London, but the market remains price-sensitive as buyers’ budgets have come under pressure. As such, sellers who are most prepared to be realistic on price will likely garner the best end result"
"Will rents continue to outperform capital values? Which cities have continued to perform? And what do we expect to see for the remainder of 2023?"
"Recent further increases in the cost of mortgage finance are likely to put further pressure on prices in the more mortgage dependent parts of prime London"
"Price growth stabilises across prime London following a dip at the end of 2022. But realistic pricing will be crucial to maintain momentum and activity this year"
"Central London’s performance has been relatively robust during 2022, both in terms of pricing and transactions. But during 2023, the UK is expected to teeter on the edge of a recession"
"Looking further ahead, the prime Scotland market will remain robust as the value gap and quality of life, alongside the strength and depth of Edinburgh and Glasgow’s economy, means there’s more capacity for growth, and we expect the markets here to outperform the overall prime UK market over the next five years"