Overview

• Only 17% of UK renters in July reported actively saving for a home deposit, down from 31% in January 2025.
• Sixty-two percent of renters have experienced or anticipate rent increases this year, eroding their ability to build savings.
• Thirty-seven percent of tenants say they cannot afford to buy in their current or preferred areas due to high property prices.
• Nearly half of renters have cut discretionary spending or taken on side hustles to manage housing costs, and 26% say they struggle to pay monthly rent.
• Twelve percent of renters believe they could own a home within a year and 16% within five years as lenders loosen criteria for larger mortgages.