Story perspectives

Birmingham's Apartment Prices Surge Amid Rental Boom

9/19/2025

24 6

Summary

Story summary

Birmingham tops the UK's major cities with a 5.6% rise in new-build apartment prices over the past year.
Rental prices increased by 6%, fueled by the city's affordability relative to London and a strong pipeline of over 14,000 build-to-rent homes.
JLL highlights regulatory delays in high-rise approvals as a risk to this growth.
Some projects experience over nine months of waiting for approvals, complicating development and raising costs.
Experts call for urgent reforms to the approval process to address housing demands and support Birmingham's growth.

1 of 1

Story summary

Birmingham tops the UK's major cities with a 5.6% rise in new-build apartment prices over the past year.
Rental prices increased by 6%, fueled by the city's affordability relative to London and a strong pipeline of over 14,000 build-to-rent homes.
JLL highlights regulatory delays in high-rise approvals as a risk to this growth.
Some projects experience over nine months of waiting for approvals, complicating development and raising costs.
Experts call for urgent reforms to the approval process to address housing demands and support Birmingham's growth.