The price of renting is continuous to escalate, rising by 1.5% outdoors London within the third quarter of 2025, Rightmove analysis exhibits.
This brings annual rental development outdoors London to three.1%, which means rents are rising in comparison with home costs.
Inside London rents rose by 0.9% in Q3 and 1.6% year-on-year.
Colleen Babcock, Rightmove’s property knowledgeable, mentioned:: “Nearly all of landlords need to keep out there and even develop their portfolios which is optimistic for tenants, however there are clearly challenges for these seeking to spend money on rental property.
“Sustained excessive mortgage prices imply landlords want to ensure purchases are viable, and uncertainty round laws just like the Renters’ Rights Invoice and what might or might not be within the upcoming Autumn Funds isn’t useful when seeking to make monetary investments.
The variety of properties accessible to hire is now 9% larger than final yr
Nevertheless that is nonetheless 23% beneath this time in 2019.
The tempo at which contemporary rental properties are coming onto the market has slowed in latest months and now stands at simply 1% forward of this time final yr.
Babcock added: “Landlords who had been contemplating promoting up over the subsequent yr informed us that laws adjustments had been their largest supply of frustration.
“The federal government wants to think about this when setting its coverage agenda over the subsequent twelve months, in any other case we may even see extra landlords select to depart the sector which shall be to the detriment of tenants.”