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Building Buildings

Build To Rent Quarterly Report


The latest edition of our quarterly residential insights for the UK, analyses rental performance, affordability, supply and demand, and investment volumes. Providing insight for investors, developers, and the wider build environment.

Key Findings:

  • Annual rental growth in the UK (excluding London) has slowed to 7.8% & London rental growth slowed to 6.2%;
  • Rental affordability remains stretched, with the average renter in the UK (excluding London) spending 33.2% of their income on rent;
  • Tenant demand has slowed, and there has been an increase in homes available to rent, suggesting we are returning to a more ‘normal’ pre-pandemic market;
  • Rental growth is forecast to slow to a more sustainable level from 2025 onwards;
  • New homes delivery isn’t going to improve anytime soon, with planning permissions down 20% on last year, starts down 16% and completions down 11%;
  • Investment volumes in Q1 2024 remained muted with £0.9bn of capital invested into the UK BTR sector.

How we can help

Residential - Capital Markets
Our national Residential Investment & BTR team leads the UK market in providing expert advice to investors and developers looking for new residential investment opportunities, or who wish to acquire, develop or dispose of rented portfolios. 
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Capital Markets

Are you ready for what’s next in the real estate industry? Our Capital Markets team advises institutional and private owners, occupiers, investors and developers on their most significant transactions.

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Equity, Debt & Structured Finance

In an increasingly competitive and complex environment for real estate investment, financing structures and deal terms that maximise value are more important than ever. With deep domain expertise in financing and a strong track record of completing transactions at exceptional terms, Cushman & Wakefield can help you find the right solution.

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Mark Clegg
Mark Clegg

Head of Residential Investment, UK
London, United Kingdom

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Millie todd
Millie Harper

Associate, Head of Living Research
London, United Kingdom

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Lewis Smith
Lewis Smith

London, United Kingdom

+44 (20) 32962099

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