UK rental growth predicted to reach 6% due to shortage of properties on the market

Rental values forecast 2024-28

in the UK and London, %

UK

London

6%

5

4

3

London 2.5%

2

UK 2%

1

2024

2025

2026

2027

2028

Guardian graphic. Source: Savills research using

Oxford Economics. Note: these forecasts apply to

average rental values in the second hand market.

New build rental values may not move at the same rate

Rental growth predicted to reach 6% in the UK due to shortage of properties on the market

Rental values forecast 2024-28 in the UK and London, %

UK

London

6%

5

4

3

London 2.5%

2

UK 2%

1

2024

2025

2026

2027

2028

Guardian graphic. Source: Savills research using Oxford Economics. Note: These forecasts apply to average rental values in the second hand market. New build rental values may not move at the same rate