Cameron Smith, Founder and Head of Capital Markets at Mayfair Private Office, shares his latest view on the UK Living sector, drawing on close to £500m of BTR and PRS transactions over the past two years.
He highlights a market that is more disciplined than before, but no less active, with investment committees now focused firmly on passing income and day-one yield, and liquidity concentrated in four clear areas while the rest of the market continues to stick on pricing. With capital still deep but increasingly selective, Cameron points to a sector approaching a transition point as institutions near allocation limits and prepare to broaden deployment—insights that underpin the launch of MPO’s March UK Living Sector Report: https://mpolivingreportmarch2026.netlify.app/