Rent Prices Archives - Property118

Row of British terraced homes with a To Let sign and rising graph illustrating rent increases in May 2026.

UK rents rise again as London reaches £2,161

Author: Property118.com Landlord News Team

1st June 2026, 6 hours ago | 0

The average UK rent rose to £1,340 in May, with HomeLet recording monthly increases in 10 of the 12 regions...

UK rental prices rise 3.5% with to let sign and upward trend graphic

UK rents rise 3.5% as house prices stall – ONS

Author: Property118.com Landlord News Team

21st May 2026, 2 weeks ago | 0

The average UK private rent was £1,381 in April after a 3.5% annual increase, the Office for National Statistics (ONS)...

Cheetah carrying a sack labelled “rents” racing up a rising graph above London homes

Rents rose before Renters’ Rights Act took effect

Author: Property118.com Landlord News Team

19th May 2026, 2 weeks ago | 0

Landlords saw rents rise at their fastest pace in 11 months in April, the final month before the Renters’ Rights...

Renters’ Rights Act impact on average rents in England with To Let signs and falling rent symbols

England’s rents fell before the Renters’ Rights Act took affect

Author: Property118.com Landlord News Team

14th May 2026, 3 weeks ago | 0

Average rents in England slipped in April with landlords preparing for the Renters’ Rights Act coming into force. The Goodlord...

Cracked map of the UK with the word “RENT” symbolising regional rental market divides across Britain

Regional rent gaps widen across UK – Propertymark

Author: Property118.com Landlord News Team

11th May 2026, 3 weeks ago | 1

Scotland, Northern Ireland and London recorded some of the largest monthly rent rises in April, while Wales and parts of...

Group of renters viewing homes to let in Chichester beside the city welcome sign and cathedral backdrop

Surprising city tops tenant demand index

Author: Property118.com Landlord News Team

8th May 2026, 3 weeks ago | 0

A surprising city has been named as the strongest location for tenants looking for homes to rent, according to Pepper...

Person carrying large “RENT” letters up steps beside a house with a to let sign, illustrating rising UK rental costs.

UK rents climb again in April

Author: Property118.com Landlord News Team

7th May 2026, 4 weeks ago | 1

Average rents rose for the second month in a row in April, with tenants paying £1,325 a month across the...

Rental price checker dashboard displayed in a London letting agency office

New online tool targets London’s fair rent prices

Author: Property118.com Landlord News Team

5th May 2026, 4 weeks ago | 5

Letting agents in London are being offered a new tool to benchmark rent prices ahead of tighter controls under the...

UK houses with signs comparing £700 rent vs £2,200 mortgage and a percentage rate balloon

Rent is cheaper than having a mortgage as rates rise

Author: Property118.com Landlord News Team

30th April 2026, 1 month ago | 3

Renting a home in Great Britain now costs less each month than buying with a mortgage, as higher borrowing rates...

UK terraced houses with upward arrows showing rising rents and property prices

UK rent growth slows as house prices edge up – ONS

Author: Property118.com Landlord News Team

23rd April 2026, 1 month ago | 0

The UK’s private rents rose by 3.4% in the year to March, taking the average monthly figure to £1,377, the...

One-third figure made of British pound notes symbolising rising rents in England

Rent rises affect one in three tenants since rental reforms

Author: Property118.com Landlord News Team

22nd April 2026, 1 month ago | 5

Nearly a third of tenants in England have experienced rent rises since the Renters’ Rights Act received Royal Assent six...

Landlords are seeing rents rise again as tenant demand picks up amid tightening property supply tightens. Hamptons said the annual pace of rent growth on newly let homes across Great Britain doubled from 0.5% in February to 1% in March. Inner London drove much of that increase, with rents there climbing 4.1% year-on-year to March, reversing declines seen earlier in 2025. The recent rent rises follow a period where prices had been falling at the start of the year. Tenant demand is up The firm's head of research, Aneisha Beveridge, said: "While rents fell last year, early signs suggest the pace of rental growth is beginning to pick up as tenant demand rebounds and mortgage rates rise. "The falls recorded in 2025 have already been wiped out, while the 24% annual increase in tenants starting the search for a new home in March was the largest since our records began." Tenancy renewal prices have also increased with rents rising 3.1% annually in March, up from 2.2% the previous month. All regions saw demand rise Hamptons also says that tenant activity has also strengthened, and in March there was a 24% annual increase in people searching for a new home. That is the largest rise since records began, with every region posting double-digit growth in demand. At the same time, availability remains constrained. There were 1% fewer homes on the market than a year ago, while supply is down 33% compared with March 2019, limiting choice for renters across the country. Rents around Britain In the first quarter of 2026, 6% of homes were let above their advertised price, down from 56% during the same period in 2021. That dynamic may change again under new rules since March was the penultimate month landlords in England could accept offers above the listed price. The firm says that is altering how rents are set going forward rather than the level ultimately achieved. London recorded an average monthly rent of £2,305 for new lets, with inner areas reaching £2,733. In the Midlands, new agreements averaged £1,046, while in the North they stood at £955. Wales posted £879 and Scotland £1,014.

Rents rise as tenant demand rebounds

Author: Property118.com Landlord News Team

20th April 2026, 1 month ago | 0

Landlords are seeing rents rise again as tenant demand picks up amid tightening property supply tightens. Hamptons said the annual...

UK rent trends visualised with map and widening gap symbolising regional disparities in rental prices

Rent price gaps widen across the UK

Author: Property118.com Landlord News Team

17th April 2026, 2 months ago | 0

Landlords are facing widening gaps in rent performance and tenant affordability, with sharp monthly swings emerging between regions, research reveals....

England’s rents rise 2.4% ahead of reform

Author: Property118.com Landlord News Team

8th April 2026, 2 months ago | 0

Rents in England rose 2.4% year-on-year in March, while monthly increases remained limited as the market moves towards Renters’ Rights...

Rent increase challenge form with £47 fee, model house, and UK currency illustrating tribunal costs for tenants

Government announce fee for tenants appealing rent increases

Author: Property118.com Landlord News Team

26th March 2026, 2 months ago | 39

The government has claimed it “wants to ensure justice is protected for all” after announcing a £47 fee for tenants...

Sloth hanging from a sign reading “Rents & House Prices” symbolising slow UK housing market growth

Rents hold at 3.5% as house price growth slows – ONS

Author: Property118.com Landlord News Team

26th March 2026, 2 months ago | 0

Private rents increased 3.5% in the 12 months to February, leaving the average monthly cost at £1,374, the Office for...

Houses to rent sign on a London street with rising pound arrows symbolising increasing UK rental prices

Rent growth returns as London leads rise

Author: Property118.com Landlord News Team

16th March 2026, 3 months ago | 0

Annual rent growth for newly agreed tenancies has returned to positive territory after seven months of declines, new figures from...

Judge’s gavel beside stacks of cash symbolising legal costs for tenants challenging rent increases

Government under fire from tenant group over rent tribunal fees

Author: Property118.com Landlord News Team

13th March 2026, 3 months ago | 2

A tenant group has slammed the government over the fees tenants must pay to access rent tribunals. A story in...