What can we expect to see in the rental market in 2024? Higher mortgage payments mean that more people are staying in rental accommodation for longer. However, there’s becoming a reduced supply of rental homes, with landlords contemplating whether to stay in the market due to tax and regulation challenges. Increasing rents are likely to restrict renters' ability to save and get onto the housing ladder. That, combined with falling house prices and reducing mortgage rates, will improve buy-to-let yields. This should see landlords start to return to the market,...
The number of UK residential property transactions fell again in December while non-residential transactions increased, the latest figures provided by...