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From: "Knight Knox" <info@knightknox.com>
To: <bob@sarahharvey.com>
Subject: Rental demand surges across the UK
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Get the insights in our latest quarterly update





  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/8y7/c6a/a5a/Knight%20Knox%20Header%20-%20White%20Background%20-%20Transparent.png>


QUARTERLY MARKET UPDATE



Insight, Opportunities & Impact





  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/8r9/2hm/yqb/e01309c0-f528-45e5-a696-c9953948f151.png>






This quarter, we bring you the latest UK property insights. From rising 
rental yields in the North West and North East, to house price growth and 
the Autumn Budget outlook, discover the opportunities and trends shaping the 
market for investors.


  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/gon/g5y/i90/2c9e4719-ba10-465e-9406-dde17a425f8c.png>




KNIGHT KNOX CELEBRATES 21 YEARS



This month, Knight Knox celebrates 21 years of supporting property investors 
across the North West, North East, and beyond.

Over the years, we’ve helped both first-time and seasoned investors navigate 
the UK market with confidence.

We’re proud of what we’ve achieved and grateful to our clients, partners, 
and colleagues who have been part of our journey.

Here’s to the next 21 years of growth and opportunity.




  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/e55/c2u/pfl/Untitled%20design%20%2854%29.png>


SECOND CITIES LEADING YIELD GROWTH



The North West and North East continue to offer some of the UK’s strongest 
rental yields. Manchester and Liverpool report average yields around 6–8%, 
while HMOs in the North East can reach 15%.



Strong demand and affordable property prices make these regions particularly 
attractive for investors seeking long-term returns. Regeneration projects 
and growing rental markets are supporting steady tenant demand.



These second cities are proving that high yields don’t have to come with the 
high entry costs of London or the South East, highlighting the value of 
regional investment.


  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/b9q/9r7/yqk/Untitled%20design%20%2853%29.png>


AUTUMN BUDGET PREDICTIONS



The upcoming Autumn Budget is expected to introduce property tax reforms and 
capital gains updates that could impact investors and sellers alike. Experts 
are closely monitoring potential changes to stamp duty and other measures 
affecting profitability.



These updates may influence the housing market in 2026, creating both 
challenges and opportunities for property investors. Planning ahead will be 
key to maximising returns.



Keeping informed of the latest policy developments can help investors make 
strategic decisions and respond quickly to market shifts.




  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/i0y/dfi/vl1/Untitled%20design%20%2855%29.png>


HOUSE PRICES ON THE RISE



UK house prices continue to grow steadily, with the average price rising by 
3.7% year-on-year in June 2025. Growth is particularly strong in urban 
centres and areas undergoing regeneration.



Despite regional differences, property remains a resilient asset class, 
offering long-term capital growth for buyers and investors alike.



For investors, understanding where price growth is strongest can help guide 
portfolio decisions and identify areas with the best potential for returns.


  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/poc/hfp/9qf/Untitled%20design%20%2856%29.png>


RENTAL SUPPLY STRUGGLES TO KEEP PACE



Tenant demand continues to exceed supply across major UK cities, pushing 
rental prices higher. Even with new developments coming online, availability 
remains limited, keeping rental markets competitive.

This scarcity is driving attractive yields for investors and reinforcing the 
importance of careful property selection.

With rental demand showing no signs of slowing, the current market 
environment presents a compelling case for buy-to-let investment.








YOUR GUIDE TO PROPERTY INVESTMENT SUCCESS



Whether you’re new to buy-to-let or looking to expand your portfolio, our 
First-Time Investors Guide gives you the insights, tips, and strategies to 
navigate today’s market with confidence.

Packed with expert advice and practical guidance, it’s the perfect starting 
point for making informed investment decisions.


 <https://click.knightknox.com/e/513181/-campaign-September-Newsletter/7x1c6l/2193073550/h/uZ22ksd-xt2ZP8Fc3MUln_TlJ-kmHCL4hgQYakgZaCM> 
Download the guide



  <https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/5nn/qus/wwe/d0a8c07c-83f0-4f8e-bfc5-7745eb148624.png>



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Connect with us


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<https://click.knightknox.com/e/513181/-campaign-September-Newsletter/7x1c6s/2193073550/h/uZ22ksd-xt2ZP8Fc3MUln_TlJ-kmHCL4hgQYakgZaCM> 
<https://click.knightknox.com/e/513181/-campaign-September-Newsletter/7x1c6w/2193073550/h/uZ22ksd-xt2ZP8Fc3MUln_TlJ-kmHCL4hgQYakgZaCM> 
<https://click.knightknox.com/e/513181/-campaign-September-Newsletter/7x1c6z/2193073550/h/uZ22ksd-xt2ZP8Fc3MUln_TlJ-kmHCL4hgQYakgZaCM>




Want to change how you receive these emails? We'd hate to see you go - but 
you can unsubscribe 
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here any time.





Any information, marketing material and/or representations provided by 
Knight Knox is intended as a general guide for informational purposes only. 
They also do not constitute an offer or a contract and shall in no way 
replace a person’s responsibility to seek legal and financial advice and 
carry out their own due diligence in respect of the purchase of a property. 
As with any investment, please be aware that your capital may go up or down 
and the past is not necessarily a guide to the future. Any images shown are 
for illustration purposes only and may not be an exact representation of the 
property. All financial information contained within is correct as of 
28.09.2025.

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sans-serif;font-size:18px;font-weight:400;letter-spacing:0px;line-height:=
1.2;text-align:center;mso-line-height-alt:22px;">
												<p style=3D"margin: 0;">This quarter, we bring you the =
latest UK property insights. From rising rental yields in the North West =
and North East, to house price growth and the Autumn Budget outlook, =
discover the opportunities and trends shaping the market for =
investors.</p>
												</div>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"image_block block-4" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"width:100%;padding-right:0px;padding-left:0px;">
												<div align=3D"center" class=3D"alignment">
												<div class=3D"fullWidth" style=3D"max-width: 650px;"><img =
alt=3D"" height=3D"auto" =
src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/gon/g5y/i9=
0/2c9e4719-ba10-465e-9406-dde17a425f8c.png" style=3D"display: block; =
height: auto; border: 0; width: 100%;" title=3D"" width=3D"650"></div>
												</div>
												</td>
											</tr>
										</tbody>
									</table>
									</td>
								</tr>
							</tbody>
						</table>
						</td>
					</tr>
				</tbody>
			</table>

			<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row row-4" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: =
#f5f5f5;" width=3D"100%">
				<tbody>
					<tr>
						<td>
						<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row-content stack" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: =
#fbfbfb; color: #000000; width: 650px; margin: 0 auto;" width=3D"650">
							<tbody>
								<tr>
									<td class=3D"column column-1" style=3D"mso-table-lspace: 0pt; =
mso-table-rspace: 0pt; font-weight: 400; text-align: left; =
padding-bottom: 10px; padding-left: 25px; padding-right: 25px; =
padding-top: 10px; vertical-align: middle;" width=3D"100%">
									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"heading_block block-1" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:5px;padding-left:15px;padding-right:15px;padding-=
top:15px;text-align:center;width:100%;">
												<h1 style=3D"margin: 0; color: #1b252f; direction: ltr; =
font-family: 'Source Sans Pro', Tahoma, Verdana, Segoe, sans-serif; =
font-size: 27px; font-weight: 700; letter-spacing: 1px; line-height: =
1.2; text-align: center; margin-top: 0; margin-bottom: 0; =
mso-line-height-alt: 32px;"><span class=3D"tinyMce-placeholder" =
style=3D"word-break: break-word;">KNIGHT KNOX CELEBRATES 21 =
YEARS</span></h1>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"10" cellspacing=3D"0" =
class=3D"paragraph_block block-2" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: =
break-word;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad">
												<div =
style=3D"color:#1b252f;direction:ltr;font-family:'Source Sans Pro', =
Tahoma, Verdana, Segoe, =
sans-serif;font-size:18px;font-weight:400;letter-spacing:0px;line-height:=
1.2;text-align:center;mso-line-height-alt:22px;">
												<p style=3D"margin: 0; margin-bottom: 16px;">This month, =
Knight Knox celebrates 21 years of supporting property investors across =
the North West, North East, and beyond.</p>

												<p style=3D"margin: 0; margin-bottom: 16px;">Over the years, =
we=E2=80=99ve helped both first-time and seasoned investors navigate the =
UK market with confidence.</p>

												<p style=3D"margin: 0; margin-bottom: 16px;">We=E2=80=99re =
proud of what we=E2=80=99ve achieved and grateful to our clients, =
partners, and colleagues who have been part of our journey.</p>

												<p style=3D"margin: 0;">Here=E2=80=99s to the next 21 years =
of growth and opportunity.</p>
												</div>
												</td>
											</tr>
										</tbody>
									</table>
									</td>
								</tr>
							</tbody>
						</table>
						</td>
					</tr>
				</tbody>
			</table>

			<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row row-5" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: =
#f5f5f5;" width=3D"100%">
				<tbody>
					<tr>
						<td>
						<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row-content stack" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: =
#e7f2fd; color: #000000; width: 650px; margin: 0 auto;" width=3D"650">
							<tbody>
								<tr>
									<td class=3D"column column-1" style=3D"mso-table-lspace: 0pt; =
mso-table-rspace: 0pt; font-weight: 400; text-align: left; =
border-bottom: 5px solid #FFFFFF; border-left: 5px solid #FFFFFF; =
border-right: 5px solid #FFFFFF; border-top: 5px solid #FFFFFF; =
padding-bottom: 30px; padding-left: 15px; padding-right: 15px; =
padding-top: 35px; vertical-align: top;" width=3D"50%">
									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"image_block block-1" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"width:100%;padding-right:0px;padding-left:0px;">
												<div align=3D"center" class=3D"alignment">
												<div style=3D"max-width: 214px;"><img alt=3D"" =
height=3D"auto" =
src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/e55/c2u/pf=
l/Untitled%20design%20%2854%29.png" style=3D"display: block; height: =
auto; border: 0; width: 100%;" title=3D"" width=3D"214"></div>
												</div>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"heading_block block-2" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:5px;padding-left:15px;padding-right:15px;padding-=
top:20px;text-align:center;width:100%;">
												<h1 style=3D"margin: 0; color: #1b252f; direction: ltr; =
font-family: 'Source Sans Pro', Tahoma, Verdana, Segoe, sans-serif; =
font-size: 19px; font-weight: 900; letter-spacing: 1px; line-height: =
1.2; text-align: center; margin-top: 0; margin-bottom: 0; =
mso-line-height-alt: 23px;"><span class=3D"tinyMce-placeholder" =
style=3D"word-break: break-word;">SECOND CITIES LEADING YIELD =
GROWTH</span></h1>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"paragraph_block block-3" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: =
break-word;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:10px;padding-left:15px;padding-right:15px;padding=
-top:10px;">
												<div style=3D"color:#1b252f;font-family:'Source Sans Pro', =
Tahoma, Verdana, Segoe, =
sans-serif;font-size:18px;font-weight:400;line-height:1.2;text-align:cent=
er;mso-line-height-alt:22px;">
												<p style=3D"margin: 0;">The North West and North East =
continue to offer some of the UK=E2=80=99s strongest rental yields. =
Manchester and Liverpool report average yields around 6=E2=80=938%, =
while HMOs in the North East can reach 15%.</p>

												<p style=3D"margin: 0;">&nbsp;</p>

												<p style=3D"margin: 0;">Strong demand and affordable =
property prices make these regions particularly attractive for investors =
seeking long-term returns. Regeneration projects and growing rental =
markets are supporting steady tenant demand.</p>

												<p style=3D"margin: 0;">&nbsp;</p>

												<p style=3D"margin: 0;">These second cities are proving that =
high yields don=E2=80=99t have to come with the high entry costs of =
London or the South East, highlighting the value of regional =
investment.</p>
												</div>
												</td>
											</tr>
										</tbody>
									</table>
									</td>
									<td class=3D"column column-2" style=3D"mso-table-lspace: 0pt; =
mso-table-rspace: 0pt; font-weight: 400; text-align: left; =
border-bottom: 5px solid #FFFFFF; border-left: 5px solid #FFFFFF; =
border-right: 5px solid #FFFFFF; border-top: 5px solid #FFFFFF; =
padding-bottom: 20px; padding-left: 15px; padding-right: 15px; =
padding-top: 35px; vertical-align: top;" width=3D"50%">
									<table border=3D"0" cellpadding=3D"5" cellspacing=3D"0" =
class=3D"image_block block-1" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad">
												<div align=3D"center" class=3D"alignment">
												<div style=3D"max-width: 214px;"><img alt=3D"" =
height=3D"auto" =
src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/b9q/9r7/yq=
k/Untitled%20design%20%2853%29.png" style=3D"display: block; height: =
auto; border: 0; width: 100%;" title=3D"" width=3D"214"></div>
												</div>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"heading_block block-2" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:5px;padding-left:15px;padding-right:15px;padding-=
top:10px;text-align:center;width:100%;">
												<h1 style=3D"margin: 0; color: #1b252f; direction: ltr; =
font-family: 'Source Sans Pro', Tahoma, Verdana, Segoe, sans-serif; =
font-size: 19px; font-weight: 900; letter-spacing: normal; line-height: =
1.2; text-align: center; margin-top: 0; margin-bottom: 0; =
mso-line-height-alt: 23px;"><span class=3D"tinyMce-placeholder" =
style=3D"word-break: break-word;"><strong>AUTUMN BUDGET =
PREDICTIONS</strong> </span></h1>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"paragraph_block block-3" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: =
break-word;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:10px;padding-left:15px;padding-right:15px;padding=
-top:15px;">
												<div style=3D"color:#1b252f;font-family:'Source Sans Pro', =
Tahoma, Verdana, Segoe, =
sans-serif;font-size:18px;font-weight:400;line-height:1.2;text-align:cent=
er;mso-line-height-alt:22px;">
												<p style=3D"margin: 0;">The upcoming Autumn Budget is =
expected to introduce property tax reforms and capital gains updates =
that could impact investors and sellers alike. Experts are closely =
monitoring potential changes to stamp duty and other measures affecting =
profitability.</p>

												<p style=3D"margin: 0;">&nbsp;</p>

												<p style=3D"margin: 0;">These updates may influence the =
housing market in 2026, creating both challenges and opportunities for =
property investors. Planning ahead will be key to maximising =
returns.</p>

												<p style=3D"margin: 0;">&nbsp;</p>

												<p style=3D"margin: 0;">Keeping informed of the latest =
policy developments can help investors make strategic decisions and =
respond quickly to market shifts.</p>
												</div>
												</td>
											</tr>
										</tbody>
									</table>
									</td>
								</tr>
							</tbody>
						</table>
						</td>
					</tr>
				</tbody>
			</table>

			<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row row-6" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: =
#f5f5f5;" width=3D"100%">
				<tbody>
					<tr>
						<td>
						<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row-content stack" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: =
#e7f2fd; color: #000000; width: 650px; margin: 0 auto;" width=3D"650">
							<tbody>
								<tr>
									<td class=3D"column column-1" style=3D"mso-table-lspace: 0pt; =
mso-table-rspace: 0pt; font-weight: 400; text-align: left; =
background-color: #e7f2fd; border-bottom: 5px solid #FFFFFF; =
border-left: 5px solid #FFFFFF; border-right: 5px solid #FFFFFF; =
border-top: 5px solid #FFFFFF; padding-bottom: 30px; padding-left: 15px; =
padding-right: 15px; padding-top: 20px; vertical-align: top;" =
width=3D"50%">
									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"image_block block-1" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"width:100%;padding-right:0px;padding-left:0px;">
												<div align=3D"center" class=3D"alignment">
												<div style=3D"max-width: 214px;"><img alt=3D"" =
height=3D"auto" =
src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/i0y/dfi/vl=
1/Untitled%20design%20%2855%29.png" style=3D"display: block; height: =
auto; border: 0; width: 100%;" title=3D"" width=3D"214"></div>
												</div>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"heading_block block-2" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:20px;padding-left:15px;padding-right:15px;padding=
-top:30px;text-align:center;width:100%;">
												<h1 style=3D"margin: 0; color: #1b252f; direction: ltr; =
font-family: 'Source Sans Pro', Tahoma, Verdana, Segoe, sans-serif; =
font-size: 19px; font-weight: 900; letter-spacing: 1px; line-height: =
1.2; text-align: center; margin-top: 0; margin-bottom: 0; =
mso-line-height-alt: 23px;"><span class=3D"tinyMce-placeholder" =
style=3D"word-break: break-word;">HOUSE PRICES ON THE RISE</span></h1>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"paragraph_block block-3" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: =
break-word;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:10px;padding-left:15px;padding-right:15px;padding=
-top:5px;">
												<div style=3D"color:#1b252f;font-family:'Source Sans Pro', =
Tahoma, Verdana, Segoe, =
sans-serif;font-size:18px;font-weight:400;line-height:1.2;text-align:cent=
er;mso-line-height-alt:22px;">
												<p style=3D"margin: 0;">UK house prices continue to grow =
steadily, with the average price rising by 3.7% year-on-year in June =
2025. Growth is particularly strong in urban centres and areas =
undergoing regeneration.</p>

												<p style=3D"margin: 0;">&nbsp;</p>

												<p style=3D"margin: 0;">Despite regional differences, =
property remains a resilient asset class, offering long-term capital =
growth for buyers and investors alike.</p>

												<p style=3D"margin: 0;">&nbsp;</p>

												<p style=3D"margin: 0;">For investors, understanding where =
price growth is strongest can help guide portfolio decisions and =
identify areas with the best potential for returns.</p>
												</div>
												</td>
											</tr>
										</tbody>
									</table>
									</td>
									<td class=3D"column column-2" style=3D"mso-table-lspace: 0pt; =
mso-table-rspace: 0pt; font-weight: 400; text-align: left; =
background-color: #e7f2fd; border-bottom: 5px solid #ffffff; =
border-left: 5px solid #ffffff; border-right: 5px solid #ffffff; =
border-top: 5px solid #ffffff; padding-bottom: 30px; padding-left: 15px; =
padding-right: 15px; padding-top: 20px; vertical-align: top;" =
width=3D"50%">
									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"image_block block-1" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"width:100%;padding-right:0px;padding-left:0px;">
												<div align=3D"center" class=3D"alignment">
												<div style=3D"max-width: 200px;"><img alt=3D"" =
height=3D"auto" =
src=3D"https://d15k2d11r6t6rl.cloudfront.net/pub/bfra/sv8ojed3/poc/hfp/9q=
f/Untitled%20design%20%2856%29.png" style=3D"display: block; height: =
auto; border: 0; width: 100%;" title=3D"" width=3D"200"></div>
												</div>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"heading_block block-2" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:5px;padding-left:15px;padding-right:15px;padding-=
top:40px;text-align:center;width:100%;">
												<h1 style=3D"margin: 0; color: #1b252f; direction: ltr; =
font-family: 'Source Sans Pro', Tahoma, Verdana, Segoe, sans-serif; =
font-size: 19px; font-weight: 900; letter-spacing: 1px; line-height: =
1.2; text-align: center; margin-top: 0; margin-bottom: 0; =
mso-line-height-alt: 23px;"><span class=3D"tinyMce-placeholder" =
style=3D"word-break: break-word;">RENTAL SUPPLY STRUGGLES TO KEEP =
PACE</span></h1>
												</td>
											</tr>
										</tbody>
									</table>

									<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
class=3D"paragraph_block block-3" role=3D"presentation" =
style=3D"mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: =
break-word;" width=3D"100%">
										<tbody>
											<tr>
												<td class=3D"pad" =
style=3D"padding-bottom:10px;padding-left:15px;padding-right:15px;padding=
-top:25px;">
												<div =
style=3D"color:#1b252f;direction:ltr;font-family:'Source Sans Pro', =
Tahoma, Verdana, Segoe, =
sans-serif;font-size:18px;font-weight:400;letter-spacing:0px;line-height:=
1.2;text-align:center;mso-line-height-alt:22px;">
												<p style=3D"margin: 0; margin-bottom: 16px;">Tenant demand =
continues to exceed supply across major UK cities, pushing rental prices =
higher. Even with new developments coming online, availability remains =
limited, keeping rental markets competitive.</p>

												<p style=3D"margin: 0; margin-bottom: 16px;">This scarcity =
is driving attractive yields for investors and reinforcing the =
importance of careful property selection.</p>

												<p style=3D"margin: 0;">With rental demand showing no signs =
of slowing, the current market environment presents a compelling case =
for buy-to-let investment.</p>
												</div>
												</td>
											</tr>
										</tbody>
									</table>
									</td>
								</tr>
							</tbody>
						</table>
						</td>
					</tr>
				</tbody>
			</table>

			<table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"row row-7" role=3D"presentation" =
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