Zoopla: UK rental growth hits three-year low

Rental growth has slowed and is now at its lowest level in 33 months, but there are still parts of the UK where landlords can make a decent profit on their buy-to-let portfolio.

The days of double-digit returns on real estate investments appear to be over, as the cost of living crisis has weakened renter demand and tax cuts have reduced the attractiveness of rental properties, causing many landlords to exit and thus an increase in supply.