Latest Property News From Truuli
Market Outlook: Climbing Rental Yields
Over the past five years, average gross rental yields across England and Wales have consistently increased, reaching a peak of 7.2% in February 2025, compared to 6% in 2020. This upward trend is evident across all regions, with the North West experiencing the most significant rise from 6.1% to 7.8%. The primary driver behind yield growth is rental inflation surpassing house price inflation, as average rents have surged by 44%
The Rise Of Co-Living
In a world of constant innovation, long-established domestic arrangements are fading, and modernist living is taking a step forward. The latest idea of “co-living” has emerged, described as “large-scale purpose-built shared living developments of at least 50 units” by The London Plan. Co-living presents an alternative to traditional flat shares, showcasing a structured yet flexible approach to shared living, incorporating additional services and amenities, with leases requiring a minimum stay
Spring Statement 2025
The Spring Statement of 2025 presented a mixed economic outlook, with a significant downgrade in the UK’s growth forecast for 2025, halving to just 1%. However, a positive development emerged in the form of new housebuilding projections from the Office for Budgetary Responsibility (OBR). According to the OBR’s modeling, government reforms to planning policies introduced the previous year are expected to have a “material” impact on housebuilding activity. These reforms
Hook a new home
March traditionally marks a peak period for property sellers, and in 2025, the market has seen a significant increase in supply, reaching the highest level of competition in a decade. This surge in available properties provides buyers with the broadest selection since 2015, though those entering the market now are unlikely to meet the current month’s stamp duty deadline. A notable 52% of agents have reported a rise in sales
Market outlook: More modest rates of rental growth ahead
After years of high rental growth, the pace of increases in achieved rents for new market lets is slowing, with some markets experiencing this deceleration more rapidly than others. A key factor influencing this trend is affordability, which constrains further growth where financial strain is evident. In London, for example, affordability has reached just above 32%, contributing to a significant slowdown in rental growth from 9.0% a year ago to
Market outlook: improved property sales activity
The market entered 2025 on solid foundations, with activity levels expected to strengthen over the year. Forecasts indicate that property prices will grow at a rate of 3.1% in 2025 and 3.7% in 2026, maintaining a trajectory similar to that of 2024. Mortgage approval and transaction rates have stabilized after a period of weakness from late 2022 through early 2024, aided by recent interest rate cuts that have improved market