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
Halifax House Price Index November – Thoughts from the Industry
Halifax House Price Index for November 2025 shows that: – On a monthly basis, house prices were broadly unchanged in November (0%) after a 0.5% monthly increase in October Annually, house prices were up 0.7% versus this time last year. As a result, the current average property price is now £299,892. Here are some…
Read More 
Halifax House Price Index November 2025
House prices in November 2025 were flat compared to the same month a year earlier. UK house prices hold steady as yearly growth slows • House prices were broadly unchanged in November (+0.0%) after a +0.5% rise in October • Average property price is now £299,892, edging up to another new record high • Annual…
Read More 
Skipton in North Yorkshire crowned 2025’s happiest place to live
Skipton in North Yorkshire has been crowned the happiest place to live in Great Britain for the first time, in an annual study completed by thousands of residents across more than 200 local areas Residents of Skipton ranked the market town particularly highly for its access to nature and green spaces, the friendliness of the…
Read More 
National Estate Agent Day
iamproperty has created a new date for the property industry calendar – the first National Estate Agent Day. The awareness day has been created and registered by iamproperty and has an official spot in the UK National Awareness Days calendar starting next year on 26th February. This annual calendar date will become the official celebration…
Read More 
Propertymark urges households to check carbon monoxide alarms and heating systems
As temperatures drop and households across the UK rely more heavily on boilers, gas fires, and open flames, Propertymark is urging everyone to take simple steps to protect themselves from the dangers of carbon monoxide (CO), the “silent killer.” Carbon monoxide has no smell, taste, or colour, yet even small amounts can cause a serious…
Read More 
Autumn Budget 2025: Key advice for homeowners, buyers and landlords
The UK’s Autumn Budget delivered several headline-grabbing policies that will directly shape the future of the housing market. While initial reactions ranged from concern to confusion, property experts say the sector should take a measured, informed view, particularly as many changes won’t take effect for several years. From understanding who is going to face implications,…
Read More