Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, July 31
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»UK rent growth slows as house prices edge up
    Property

    UK rent growth slows as house prices edge up

    April 23, 20264 Mins Read



    8:01 AM, 23rd April 2026, 4 days ago
    UK terraced houses with upward arrows showing rising rents and property prices

    The UK’s private rents rose by 3.4% in the year to March, taking the average monthly figure to £1,377, the Office for National Statistics (ONS) says.

    The annual increase was lower than February’s 3.6% and is the slowest rate since March 2022.

    In England, average monthly rents reached £1,434 in March, up £48 on the year, a 3.4% rise.

    That compares with 3.6% in the 12 months to February and leaves the annual rate at its lowest point in four years.

    Across England, regional variation remains with the North East recording annual rent inflation of 6.5%, while London stood at 1.7% over the same period.

    Other nation rents

    Wales recorded rents of £830, up £38 year-on-year, with annual growth at 4.8%.

    The figure sits below February’s 5.5% and is well down on the 8.9% recorded in March last year.

    In Scotland, average rents reached £1,022, an increase of £21 on the year, or 2.1%.

    That is lower than February’s 2.4% and is the lowest annual rise for more than four years, following the 11.7% peak in August 2023.

    Northern Ireland saw average rents at £880 in January, up £42 compared with a year earlier.

    Annual growth was 5.0%, down from 5.2% in December, following the 9.9% peak in April 2024.

    House prices edge up

    Average UK house prices rose by 1.2% to £268,000 in the 12 months to February 2026, up from 1.0% in the year to January.

    England’s average property price reached £290,000, increasing by £2,000 over the year, or 0.8%.

    That compares with 0.7% annual growth recorded previously.

    In Wales, prices rose to £210,000, up £5,000 year-on-year, a 2.5% increase.

    This follows 1.8% growth in the 12 months to January.

    Scotland recorded an average house price of £187,000, up £4,000 on the year, or 2.3%, compared with 1.4% previously.

    Northern Ireland recorded an average price of £196,000 in the fourth quarter of 2025, up £12,000 year-on-year, equating to 7.5% growth.

    Property sector reaction to ONS rent data

    Nathan Emerson, the CEO of Propertymark, said: “Rising rental prices continue to reflect the chronic imbalance between supply and demand in the private rented sector.

    “Letting agents across the UK are consistently reporting high tenant demand alongside a shortage of available properties, which is inevitably placing upward pressure on rents.”

    Richard Donnell, the executive director of research at Zoopla, said: “Rental inflation has slowed and this will be welcome news for renters.

    “For landlords, rents rising at over 3% is positive but for some this may not be enough to offset the extra costs and regulation from the Renters Rights Act which starts from 1 May.

    “Low investment in growing the stock of rented homes is supporting rents rising faster than house prices.”

    Alex Upton, the managing director of specialist mortgages at Hampshire Trust Bank, said: “Rental growth has slowed from the peaks seen over the past two years, but the underlying pressure has not gone away.

    “Demand continues to outstrip supply in many parts of the market, particularly for well-located and better-quality stock, and that imbalance is likely to persist while delivery of new housing remains below what is needed.”

    Jeremy Leaf, a north London estate agent and a former RICS residential chairman, said: “The most comprehensive of all the rental market surveys shows that rents are still rising but not as quickly as previously, partly due to worries about inflation having an impact on affordability.

    “However, rents may have dropped further if they weren’t supported by a shortage of stock, exacerbated by landlords leaving the sector ahead of the introduction of the new Renters’ Rights Act at the beginning of May.”

    Tom Bill, the head of UK residential research at Knight Frank, said: “Although rental value growth has been declining, the Renters’ Rights Act could increase upwards pressure on rents as landlords mitigate higher risks around repossessing their property or guaranteeing rental income.

    “Any further reduction in supply as landlords sell up could also increase the financial squeeze on tenants.”





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleStock Market Records Strong Mid-Week Performance, 5 Companies Lead Gainers Table
    Next Article Asian Stock Selections Estimated Below Market Value April 2026

    Related Posts

    Property

    Why China isn’t doing more to boost domestic demand

    July 30, 2026
    Property

    Summer slowdown ‘sharper than usual’ for UK property sales

    July 29, 2026
    Property

    Property complaints surge 50% as AI reshapes disputes

    July 28, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Commodities

    Commodity prices plunge, raising concerns over global economic health

    August 13, 2024
    Commodities

    Galp kick-starts new drilling campaign on coveted Namibia oil block

    October 25, 2024
    Property

    UK rent growth slows as house prices edge up

    April 23, 2026
    What's Hot

    Dow, S&P 500, Nasdaq edge down with eyes on Trump’s Venezuela oil deal, looming jobs data

    January 6, 2026

    Stock Market Today, June 25: Apple Drops After Raising Device Prices to Offset Higher Memory Costs

    June 27, 2026

    Elon Musk appoints Anthony Armstrong as xAI’s new finance chief

    October 6, 2025
    Most Popular

    First Bitcoin, Then Ethereum: Will Ripple’s XRP Be the Next Target of the “Crypto Treasury” Strategy?

    August 23, 2025

    Could Grab Stock Reach $4?

    October 29, 2025

    Donald Trump Reveals Plans For US Government’s 213,239 Bitcoin If Elected

    July 29, 2024
    Editor's Picks

    MARA Holdings va lever 2 milliards de dollars pour l’expansion du Bitcoin

    March 30, 2025

    Big Tech stocks look like especially good deals as investors eye what is next for the market

    April 9, 2026

    For NorthWestern Energy, trust is a one-way street • Daily Montanan

    August 29, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.