Lower Mortgage Rates: Bank Rate cuts would likely lead to lower mortgage rates, making it cheaper for people to borrow money to buy a home [1]. This could stimulate demand, as more people would be able to afford mortgages.

Globally, housing affordability is worsening due to insufficient housing supply, impacting economic growth. Government policies have largely failed to meet housing targets, resulting in increased house prices and rents exceeding pre-pandemic levels.

This Build To Rent Quarterly Report (Q3 2024) analyses the UK residential rental market, revealing slowing rental growth despite a year-to-date investment of £2.9bn.