One notable trend is the impressive demand for Build to Rent homes, with properties in major UK cities letting 25% faster than pre-pandemic levels. The median time to let in London and Core Cities is just 24 days, showcasing the high demand and efficient turnover in these markets.

At Criterion Capital, we are proud to contribute to this vibrant sector. Our latest Build to Rent project at the former Royal British Legion Hall in Norbury will add 20 affordable homes to the area, addressing the critical need for rental properties.

Omar Aziz, Director at Criterion Capital, emphasised our continued commitment: “Our expertise in Build to Rent enables us to deliver high quality homes that meet the needs of today’s renters. We’re dedicated to creating vibrant, sustainable communities and addressing the ongoing demand for rental housing. As the latest Savills report points out, the rental market is gradually returning to a more ‘normal’ seasonal pattern, but the demand remains strong. With 29% fewer listings compared to the 2018-2019 average, there’s a pressing need for more rental properties to meet the persistent high demand.”

We look forward to continuing our work in this dynamic sector and contributing to the growth and sustainability of rental housing in the UK.

Please click here to read the full market update from Savills.