The Rent Trap Tightens: UK Market Heads for Bumpy Ride The UK's rental market is careening towards a perfect storm of high demand and low supply.
Rising mortgage rates are keeping prospective buyers in rented homes longer than ever before, fueling a surge in annual rent increases that could accelerate to 4% to 5% by the end of the year.
Borrowing costs have been climbing steadily, leading to a significant shift in the dynamics at play in the rental market.