With demand heavily outweighing supply, the residential letting market continues to outstrip the sales market with little sign of slowing in the near future.
A major imbalance of supply and demand for rental properties has led to a surge in rents over the last year, with no cooling in the pace of increases expected soon.
This is the conclusion reached by the director of research & insights at Cluttons, Gráinne Gilmore, who recently spoke to Iain McKenzie, CEO of The Guild of Property Professionals, about her views on the letting market in 2023.