UK rents are predicted to rise 11.4% in the next five years, according to a forecast by CBRE. Alongside fairly ‘moderate" growth over 1.8% in UK house prices, the property group forecasts that rents will rise 1.3% in 2019. The report, which looks at how economic, political, financial and technological trends might affect property markets, foresees further growth in rents leading up to 2023, supported by a drop in housing supply in the PRS amid ‘dampened investor demand for buy to let" and growing demand for rental homes, particularly from lower-earning younger people.... Read More