UK Rental Market Faces Record Highs and Growing Tenant Struggles

New data shows average rents soaring with 17 inquiries per property, underscoring the urgent need for more affordable housing.

Average rent in London has reached £2,661, a 4% rise from last year.
Rents outside London have increased by 7%, now averaging £1,314 per month.
Each rental property typically receives 17 inquiries, indicating high demand and limited supply.
Tenant financial stress is rising, with many using credit to cover rent and struggling with bills.
Experts call for increased landlord investment and government action to stabilize the market.