Rents have fallen within the North West and Yorkshire & The Humber, in a uncommon state of affairs the place an space has develop into extra inexpensive for tenants.
Within the North West, the common month-to-month rental share has fallen by £20, from £727 in 2024 to £707 in Q3 2025.
In Yorkshire & Humber, the determine dropped by £24, from £648 to £624.
Gary Barker, chief government at Cover, stated: “With tenants staying in properties longer and the courts below stress, the main focus have to be on securing dependable tenants from the outset. Excessive-quality referencing, backed by Hire & Authorized Safety, provides landlords and brokers the arrogance to guard their earnings and safeguard tenancies.
“Laws just like the Renters’ Rights Invoice is welcome, however it received’t repair affordability or provide challenges alone. Till extra properties are constructed, sturdy referencing and monetary safety stay the best method to help each landlords and renters.”
Cities similar to Hull, Doncaster and Blackburn now provide rent-to-income ratios under 33%, making them engaging choices for renters hoping to construct financial savings and finally purchase.
London is the least inexpensive. Renters within the capital spend almost half their earnings on lease, with seven boroughs now exceeding the 50% threshold. Enfield stays probably the most unaffordable, with tenants spending 56% of their earnings on lease.
