Where from here? It truly is too early to predict the direction of the property market over the next few months, but one thing is clear: there are bright spots and there are opportunities.
Rents hit record highs. According to Rightmove, the average monthly rent in Great Britain was £1,162 by the end of September, up 11% in a year and 3.2% since the beginning of summer
The London prime market feels the pain. According to LonRes' Autumn Prime London Market Report, the number of property sales falling through rose by 88% during the final week of September compared with last year.
Click below to download the full report.
stat of the month: Positive Outlook for BTR
Research by the British Property Federation (BPF) and Savills suggests the number of completed BTR homes could increase five-fold by 2032.
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