Number of properties available to rent slowly rising according to ARLA Propertymark

July 31, 2018

Latest ARLA Propertymark Private Rented Sector Report – June 2018 headlined ‘Rising Rents Hit 10 Month High’.

The report reveals that the number of tenants experiencing rent hikes rose to 35 per cent in June, up from 28 per cent in May, this is the highest level since August 2017 when the same 35 per cent of landlords increased rents for tenants.

The number of rental properties letting agents managed increased by 3 per cent in June, and the number of tenants looking for new homes also increased according to ARLA Propertymark.

David Cox, Chief Executive said:

“It’s positive to see the number of properties available to rent slowly rising but it still isn’t anywhere near enough to slow down the pace of rent rises, which are continuing to climb.

“Over the last few years, we’ve seen taxes to both purchase and let a rental property increase. This combination – coupled with continued regulatory change – has unsurprisingly started pushing landlords out of the market. We predicted back at the end of last year that renters would be in for a rough ride in 2018, and we warned Government about the impact on the market. Our fears are now being realised and renters are suffering as a result.”

Read the Latest ARLA Propertymark Private Rented Sector Report – June 2018 in full click here.

 

 

 

 

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Building Fair Futures – Social Equity Through Sustainable Construction

Progressive urbanists once measured social housing success in the number of front doors delivered. In 2025, well‑being charts and carbon ledgers sit beside occupancy counts, revealing a more complex picture: low‑income households face the twin threats of fuel poverty and climate vulnerability. Sustainable construction techniques, underpinned by real‑time data, offer a rare chance to tackle…
Read More →
Breaking News

Homebuyers set to be £41,000 better off

Average homebuyer set to be £41,000 better off thanks to relaxed lending rules The latest research from award-winning mortgage adviser, Alexander Hall, has revealed that the average homebuyer in England is set to be over £41,000 better off thanks to recent government reforms and lender policy changes, which are beginning to ease long-standing affordability barriers. Alexander Hall…
Read More →
Breaking News

HMRC issues 12-month warning on MTD for landlords

In exactly 12 months, landlords earning over £50,000 must submit their first quarterly tax updates as part of the new MTD process. A recent survey by Accountex found that 4 in 5 accountants see MTD as the biggest challenge of the next year. 1 in 3 accountants also said they feel unprepared for the deadline,…
Read More →
Breaking News

Property Industry Response to Halifax House Price Index

Commenting on the latest Halifax house price data, which shows a 0.4% increase. Here are some thoughts from the Industry Nathan Emerson, CEO of Propertymark “This is a glimmer of good news for consumers considering it has been reported that there are economic headwinds ahead of us soon, and this news proves that house prices…
Read More →
Breaking News

Halifax House Price Index July 2025

House prices in July 2025 were +2.4% higher than the same month a year earlier.   • House prices increased by +0.4% in July, the highest since the start of the year • Average property price now £298,237 compared to £297,157 last month • Annual rate of growth +2.4% (vs +2.7 in June) • Northern…
Read More →
Rightmove logo
Breaking News

Average first-time buyer mortgage payment nearly £100 less than last year

Ahead of the Bank of England’s interest rate decision at 12:00pm on Thursday, Rightmove’s analysis shows that the typical first-time buyer monthly mortgage payment is nearly £100 less than at this time last year The average first-time buyer mortgage payment is currently £909 per month, versus £1,002 per month last year The average two-year fixed…
Read More →