Rents to rise c.20% in the next five years, predicts Savills
Build-to-rent investors are primed to fill a widening supply gap in the lettings market, says Savills, as it predicts strong growth for most prime and mainstream rental markets.
Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years
Prime London property exchanges at third-highest level in five years as prices continue to climb
But the majority of October's property exchanges in prime London still originated in deals done before the first national lockdown, says Knight Frank.
PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
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