Cambridge Residential Rental Market Report Summer 2024

As the UK faces a new government and potential shifts in SDLT for overseas buyers, our Q2 report delves into the static housing market, rising rents, and shifting demand towards larger homes.

Although the general election has brought uncertainty, the Bank of England's anticipated rate reduction and mortgage lenders' competitive cuts signal positive economic shifts. UK rents rose by 8.7% in the year to May 2024, reflecting strong demand amidst market adjustments.

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