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.
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‘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.
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