UK Rents Drop for the First Time in Years

UK Rents Drop for the First Time in Years
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UK rents are dropping for the first time in half a decade-what’s causing the shift, and what does it mean for landlords and tenants?
In this week’s Market Wrap, we break down the latest Zoopla House Price Index, revealing buyer demand is up 13% YoY, house prices are rising, and stamp duty changes are shaking up the market.
Plus, The Times reports a 0.2% decline in rental prices outside London, while the capital’s rents remain 28% higher than pre-pandemic levels.