"The average UK house price has continued to rise strongly during 2021. Will economic factors lead to a dramatic correction of values or can we expect a more moderate response?"

"We expect the mainstream markets of Wales, Scotland and the North of England to show the strongest price growth, as has occurred historically at this point in the housing cycle. Price growth looks more constrained in London except in the capital’s prime markets."

"As people return to the cities, we expect a strong recovery in rental values. Plus, we see encouraging signs that a fast growing Build to Rent sector will provide wider choice."

"Although it will take years for housing delivery to return to pre-pandemic levels, affordable housing and Build to Rent are expected to make up a greater share of housing delivery over the next five years."