UK Rent Rises Loom as Landlords Strain
- Sarah Ruivivar
- Aug 6
- 1 min read
The rental market is buzzing with activity, and Lendlord's latest survey is here to spill the beans.
Nearly 60% of landlords have hiked rents in the past year, and a third are gearing up for more increases before Christmas.
The survey, based on responses from active UK landlords, highlights some intriguing trends. Despite the squeeze, vacancy rates are impressively low, with 72.8% of landlords fully let. Tenant turnover remains stable, and while the Renters’ Rights Bill is on everyone's radar, it's not yet causing knee-jerk rent changes.
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Landlords are playing it cool, with 36.3% planning rent hikes in the next six months and another 30.4% keeping a watchful eye on the market. The data reveals a market under pressure yet resilient, with landlords balancing inflation concerns and tenant stability.
Regional rent averages show Greater London leading the pack at £1,959.78, while the North East offers more affordable options at £732.55. A Lendlord spokesperson notes that landlords are treading carefully, ensuring they meet housing demand while navigating regulatory changes.
So, whether you're a landlord, tenant, or property enthusiast, keep your eyes peeled as the rental landscape evolves. Stay savvy and informed!
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