Toronto in Canada has been deemed the bubbliest city in the world thanks to strong population growth, low mortgage rates and an abundance of investors.
Rents in London have risen by 26.8% in a single year, surpassing other major global markets.
The Centre for London is worried that the upcoming national landlord register which collects data about investors will replace licensing schemes, leading to lax regulation of rogue landlords.
Annual rental growth is on the verge of peaking at 12.3% - driven by an increase of 17.8% in London, according to Zoopla’s UK Rental Market Report.
Allsop has released its September residential and commercial auction catalogues, offering landlords a combined total of 488 investment opportunities across the UK.
While many commentors expect house prices to fall over the next 18 months, London estate agent Benham and Reeves reckons they will rise by an additional 5% by the end of 2022.
There’s a growing disparity between population growth and the number of homes being built in some regions of the UK, which goes some to way to explaining why house and rental prices continue to rise.
Experienced investors are spending big on full portfolios rather than individual properties, with the North East proving to be a particularly profitable region.
In the first half of 2022 Londoners bought 40,540 homes outside the capital, 19% more than the pre-Covid average, research from Hamptons shows.
The first six months of 2022 saw 171% more enquiries from tenants looking for properties in London compared to the pre-covid year of 2019, analysis from London estate agency Chestertons shows.
