UK Property Mid-Year Overview (1H 2024): A Report

Oracle Capital presents a thematic report: UK Property Mid-Year Overview (1H 2024). This report provides valuable insights into current UK property market trends, including the economic outlook, investment market trends, statistics on mortgage lending, as well as a brief overview of the UK hotel market.

In March the student-to-bed ratio in London reached an-all time high of 3.6, a shortfall of 100,000 beds. The picture is only slightly better across the rest of the country with most university cities and towns experiencing housing shortages.

This month, the Financial Times reported that the tenants in the UK spend an average of 30% of their gross income on renting; the figure is 31.7% in London. The 30% threshold is significant because at this level housing is deemed to be ‘unaffordable’.