Overview

• The average UK monthly rent reached £1,287 in April, representing a £35 annual increase.
• London recorded the slowest regional growth with rents climbing just 1.5% to an average of £2,175 per month.
• Rental prices have still jumped by 21% over the past three years despite the recent cooling.
• Persistent demand outstrips limited housing stock, keeping rents elevated despite slower growth.
• Some landlords have sold properties in response to tougher regulations and tax hikes, worsening supply constraints.