UK housing has proved to be a resilient market that flourished well during and after the pandemic. The demand for houses across the country was at a record-high level during the pandemic and so were the prices. However, now that the realty market is set on the path of recovery after the pandemic, it is observed that rents are also increasing at a record rate.
Asking rent across the UK – excluding London, has jumped by almost 11% making the country one of the most competitive rental markets ever.