What's Happening in the UK Rental Market? 2023

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What’s happening in the UK rental market? With Richard Donnell, Executive Director at Zoopla and Anna Clare Harper.

In Anna's words:

I chatted to Richard Donnell, Executive Director at Zoopla, about the UK rental market in Q4 2022.

Some highlights:

• 12.1% annual rental price growth
• Demand is 46% above average, and total supply is 38% below the 5 year averages
• Rental (un)affordability is at a 10 year peak of 35% for single earners, which explains by 3.6m 20-34 year olds are living with their families (not far off the size of the entire social rented sector, at 4.2m households).

Guest website: https://www.zoopla.co.uk/

Guest LinkedIn: https://www.linkedin.com/in/richard-donnell-a043833a/

Sponsor website: immo.capital

Sponsor LinkedIn: https://www.linkedin.com/company/immoinvesttech/

Host LinkedIn: https://www.linkedin.com/in/annaclareharper/

Host website: annaclareharper.com