Three rental market trends to watch in 2024
As rents continue to rise, Rightmove has flagged stretched affordability, the Renter’s Reform Bill and a balancing act for landlords as the key trends to monitor in the year ahead.
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
Traditional seasonal trends return to the rental market as ‘landlords remain confident in London’s unfailing appeal’
Tenant demand has fallen sharply in the last month, prompting Foxtons to herald 'a shift towards a more balanced market' in the capital.
Housing market activity ‘unlikely to shift up materially in 2020’ – RICS
Surveyors predict 2% growth for UK house prices this year, but no improvement in transaction volumes
Most read
‘£175mn’ restoration project in Wiltshire nears completion
The eight-year rescue of the Grade I listed Tottenham House is said to be the UK’s most expensive home renovation.
UK Sotheby’s reports £1.63bn in sales as cash buyers dominate
Big-brand brokerage saw revenue rise 87% in 2025, with activity 'anchored by financially robust buyers'.
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
Savills sounds quietly bullish on early-2026 prime activity
Agency's residential chief says first five months of the year could be the busiest as buyers move ahead of fresh uncertainty.
In Pictures: London Square debuts boutique Brook Green scheme
The Aldar-owned developer is converting a set of historic school buildings into a gated enclave of 32 luxury homes.
Two new signings for PCL brokerage Park Lord
Katie Gee and Adam Shabatai have both joined the Mayfair-based firm this year.
My Property Career: Quickfire Q&A with Becky Fatemi
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Mayfair on top as London’s £5mn-plus market sinks to a five-year low
Super-prime sales volumes slumped by nearly a third last year, reports Savills, high-value buying activity 'returns to pre-pandemic pace.'
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
Savills: Prime markets forecast to bottom out this year – except PCL
Prime Regional property prices are likely to rise 1.5% in 2026, predicts Savills, but Prime Central London values have a bit further to fall.
LATEST ARTICLES
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
Opinion: Is Making Tax Digital the final nail in the rental market coffin?
PCL lettings expert Olivia McSweeney explains why an imminent admin shift risks accelerating landlord exits - and deterring the next generation from entering the sector.
Hong Kong & Singapore top UK’s international buyer league table
A delve into Land Registry records finds a surprisingly stable number of properties registered to overseas addresses.
French ‘supertax’ revenue falls short
Macron's wealth tax raised barely a quarter of expected revenue last year, as HNWIs took advantage of delays.