The UK residential market is the largest asset class in the UK
- Owner occupied stock – £3,546bn
- Private Rental Sector – £893bn
- Social Housing stock – £560bn
UK Private Rental Sector – The UK Private Rental Sector (“PRS”) is now a significant asset class (£893bn) and has grown significantly over the last 5 years and further significant growth is forecast over the next 5 years
The percentage of UK total housing stock that the private rental sector represents is till significantly lower than more developed private rental markets, in particular in the US and Europe.