英國

Throughout the UK, in all the major cities and their surrounding areas, the rental market continues to attract buy-to-let investors. Rental interest in the UK is at a record high.

According to Zoopla, the average UK rental price rose by 8.3% over 2023. With the country’s prevalent housing undersupply issue and no sign of the demand being met, rent prices are forecast to continue rising and the demand for more rental accommodation continues to grow.

On the other side of the furlough scheme and the impact the pandemic made on employment, the United Kingdom is now seeing a drop in the unemployment rate despite economic headwinds. 

The number of households in the UK’s lower-income band is expected to continue to shrink to 5.7 million by 2035. As more households benefit from more disposable income, more buyers are in a position to re-enter the market.

The UK has a continuous issue with meeting housing demand, falling short of supply since the 1970s. 

Between 2016 and 2020, the UK built an average of just 189,606 new homes per annum, meaning that over the 5 year period, the supply fell short by over half a million homes. 

In many regions of UK, demand for homes still outstrips supply. Falling mortgage rates are attracting property buyers back to the market. As a result, housing demand is at an all-time high in the UK with the deficit only growing.