Our quarterly Rental Market Report is based on our analysis of hundreds of rental data points across the UK. Now in its fourth edition, the report gives an industry-leading view of rental market performance.
In this quarter’s report, we reveal our latest research on:
– The annual change in rental price growth across the UK
– The regional picture, including detail on the London market
– The outlook for the rental market in the coming months
Rental growth is being supported across the country as demand outstrips supply. Demand is being underpinned by more potential first-time buyers staying in the market for longer, amid a squeeze in mortgage lending for those with smaller deposits.
Mirroring the sales market, there is rising renter demand for larger homes – particularly those with outside space.
Time-to-let is now down from an average 20 days to 18 for flats – and it stands at just 16 days for houses.
However, the rental market is running at two speeds. While rents are rising across most regions of the country, they have fallen sharply in London – down -5.2% year-on-year.
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Our quarterly Rental Market Report is based on our analysis of hundreds of rental data points across the UK. Now in its fourth edition, the report gives an industry-leading view of rental market performance.
In this quarter’s report, we reveal our latest research on:
– The annual change in rental price growth across the UK
– The regional picture, including detail on the London market
– The outlook for the rental market in the coming months