Increasing pace of rent rises
I think most agents would agree the housing supply figures are confusing to say the least when it comes to working out why there is a shortage of affordable housing, this shortage however is the problem behind house prices and rents continuing to rise.
Rents are up 4.6% on a year before, average rents in the UK reached £937 per month in July as the pace of increases took a significant step up, according to research by Countrywide, the UK’s largest property services company.
London has become one of the most expensive cities in the world to rent a home, central London saw by far the biggest increase in the cost of newly rented properties at 6.8%, there were also strong rises in Scotland (4.5%) and the east of England (4.3%).
The ever increasing cost of buying a home has seen a boom in the private rented sector in recent years. There are 1.4m more rented homes today than in 2008, according to data from the English Housing Survey.
You May Also Enjoy
UK House Price Index summary: June 2025
Private rent and house prices, UK: August 2025
Industry response to latest inflation figures
London lettings market bolstered by record supply and resilient renter demand
Bridging finance key in driving uplift in auction activity
