Rents in UK expected to continue to rise over next 5 years according to RICS
August 9, 2018
The latest RICS UK Residential Market Survey – July 2018 released today headlines ‘Rents to continue to rise, as supply of new property to let drops again’.
The survey highlights the continued reduction of new property being put on the market in the lettings sector with 22% more respondents seeing a fall rather than rise in New Landlord Instructions. This is the eighth consecutive quarter in which this indicator has recorded a negative number.
The surevey reveals that the sales market remains broadly flat at the national level, little different from that reported in June.
Simon Rubinsohn, RICS Chief Economist said:
“The impact of recent and ongoing tax changes is clearly having a material impact on the Buy to Let sector as intended. The risk, as we have highlighted previously, is that a reduced pipeline of supply will gradually feed through into higher rents in the absence of either a significant uplift in the Build to Rent programme or government funded social housing. At the present time, there is little evidence that either is likely to make up the shortfall. This augers ill for those many households for whom owner occupation is either out of reach financially or just not a suitable tenure.”
Read the latest RICS UK Residential Market Survey – July 2018 in full click here.
You May Also Enjoy
South East sees most sellers relisting
New research from Property DriveBuy reveals that sellers who are re-entering the market are reducing their asking price by an average of £5,300 to try and snag a buyer, but in London this reduction climbs as high as £27,000, while the South East is the region where most sellers are relisting this year having failed…
Read More 
Average rents rise by 2% in 2025, predicted to rise by further 2% in 2026
The average advertised rent of homes outside of London fell in Q4 2025 by 1.1% (-£15), dropping to £1,370 per calendar month. It’s only the second time in five years that quarterly rents have fallen: Across the whole of 2025, average advertised rents rose by 2.2% compared to 2024 As the market settles into a…
Read More 
Landlord Demographics Remain Broadly Unchanged
Propertymark analyses the latest figures from the English Private Landlord Survey 2024, published alongside headline findings from the English Housing Survey 2024–25, showing that the profile of private landlords in England has remained remarkably consistent with previous surveys, even as landlords navigate ongoing tax changes and evolving standards and expectations. The data highlights that the…
Read More 
London’s most prestigious postcodes revealed
The latest research from Enness Global has revealed London’s 11 most prestigious postcodes based on average sold price data, with the SW1A postcode covering Mayfair and St James’s topping the table, where the average home sold for £2.375m. Enness Global analysed sold price data from the Land Registry, examining transactions to have completed across London’s…
Read More 
Software GDTJ45 Builder Problems: Causes, Solutions, and Best Practices
If you’ve been using GDTJ45 Builder software, you might have noticed it’s not always as smooth and reliable as expected. From installation errors to unexpected crashes and slow performance, many users experience problems that can disrupt workflow, delay projects, and cause frustration. This article will walk you through the most common GDTJ45 Builder problems, explain…
Read More 
Developers draw confidence from improving lending landscape
Jonathan Samuels, CEO of Octane Capital, believes that improving conditions across the lending landscape have helped to boost developer confidence heading into a new year, despite a number of challenges still remaining, with specialist finance remaining a key weapon in their arsenal. The latest survey of UK property developers, commissioned by specialist lender Octane Capital,…
Read More