Average asking rents outside London have hit over £800 per month for first time according to Rightmove
October 31, 2018
Latest Rightmove Rental Price Tracker Q3 2018 report headlines ‘Drop in available rental properties pushes asking rents to record high’.
The report reveals that average asking rents outside London have hit over £800 per month for the first time, fuelled by fewer available rental properties for prospective tenants to choose from.
Rightmove states that in London, the number of available rental properties is down by 19.4%, with agents finding tenants four days quicker for landlords’ properties than a year ago.
Read the Rightmove Rental Price Tracker Q3 2018 report in full click here.
You May Also Enjoy
The Compliance Curve: Meeting Landlord Safety Standards Through Smart Heating Upgrades
In today’s rental market, compliance isn’t just about ticking boxes — it’s about protecting investments, safeguarding tenants, and staying ahead of fast-evolving regulations. For landlords across the UK, particularly those managing older housing stock, staying compliant has become a strategic exercise in property value preservation. Among the many areas demanding attention, heating systems stand out…
Read More Government confirms ban on no fault evictions to begin in May
The Government has set out a timeline for implementing the Renters’ Rights Act. The first tranche of reforms, including a ban on no fault evictions will come into force from 1 May 2026. David Smith, property litigation partner at London law firm Spector Constant & Williams said: “This will put agents under an immense amount…
Read More Landlords must ‘act quickly’ after Renters Rights Act launch date is announced
A leading estate and lettings agent says that landlords must “act quickly” after the Government announced that the controversial Renters Rights Act will be implemented from May 1st next year. The changes, which include the end of Section 21 “no-fault” evictions, represent the biggest upheaval in the landlord and tenant sector in a generation. The…
Read More Landlord EICRs Compliance in 2026: EICR Rules, Costs & Risks — Interview with Ethem from Efficient Home Energy
With thousands of landlords approaching their next round of electrical safety renewals, 2026 is shaping up to be a crucial year for safety compliance. In this exclusive interview, Ethem, an electrical safety expert from Efficient Home Energy, breaks down the risks, the regulations and the practical steps landlords and letting agents must take to stay compliant and protect…
Read More Mortgage arrears and possessions Q3 2025
UK Finance today releases its latest mortgage arrears and possessions data for Q3 2025, while highlighting continuing lender support for any customers facing financial difficulty. Key Information The number of homeowner mortgages in arrears fell by four per cent in Q3 2025 compared to the previous quarter. The number of buy-to-let (BTL) mortgages in arrears…
Read More Glasgow agents coughing up the most commission to Rightmove
The latest research from The Property DriveBuy reveals that Britain’s estate agents are paying an average of 7.2% of their sales commission to Rightmove, with agents in Glasgow and Newcastle taking the biggest hit from the property portal market leader. The Property DriveBuy has compared the estimated average sales commission of an estate agent in Great…
Read More 
