Zoopla’s latest rental market report reveals that better days might be ahead of us renters after all as the growth rate of rents is finally slowing down and it’s projected to halve in 2024.
The property portal website is regularly updating us on the subject of renting vs buying with its insightful property market analysis. Zoopla reports that the rental price inflation in the UK has dropped to 9.7% from 11.9% a year ago. And at this rate, it predicts this number to halve to 5% in 2024, which would be the lowest since 2021.
