“Q2 has presented a unique set of challenges for both landlords and tenants alike with interest rates continuing to rise and rents following suit. As many landlords across the PRT struggle to meet their escalating financial burdens on their lending, tenants are increasingly finding themselves struggling to meet affordability criteria whilst applying for properties with soaring rents. With no imminent fiscal easing for landlords on the horizon, and in light of the further extension to the cap on rent increases, we anticipate little respite for landlords and the continuation of a competitive market for tenants well into Q3 and beyond.”
I am a Tenant Landlord
