Rental predictions

Knight Frank has been tracking the rental market across London, Bristol, Birmingham, Leeds, Manchester and Glasgow and estimates the 2018 figure will be 5.3m. "The rental revolution is here," said Gráinne Gilmore, head of UK Residential Research. "The private rented sector is set to continue growing in the years to come, boosted not only by the difficulties many face in climbing onto the housing ladder, but also the need for flexible tenure among workers increasingly concentrated in key cities around the UK. Investors keen to tap into the market are starting to move their attention beyond London to the regions where, as our index shows, yields are higher," she adds. The Independent, Page: 46