Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, May 19
    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

    China Home Prices: China’s Home Prices Show Signs of Stabilisation Amid Ongoing Market Challenges, ETRealty

    May 18, 2026
    Property

    UK’s most affordable hotspots for first-time buyers to get on property ladder

    May 18, 2026
    Property

    Will AI Job Losses crash the UK Property Market?

    May 18, 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

    US, Northwest Europe extend blue ammonia premium to Asia in September

    October 29, 2024
    Property

    US Masters Residential Property Fund annonce une perte d’exploitation pour le trimestre de mars alors que la vente de son portefeuille se poursuit

    May 13, 2025
    Stock Market

    NASDAQ 100 & S&P 500 Edge Higher While Bond Yields Rise Ahead of Key Federal Reserve Decision

    December 8, 2025
    What's Hot

    Rural water utilities in ‘poor condition’ and need $2.96 billion investment: report

    October 26, 2024

    L’USDA réduit nettement son estimation de stocks US de maïs

    January 13, 2025

    Copper to lead the next base metals cycle as electric vehicle demand rises: Dhan founder

    January 1, 2026
    Most Popular

    Le prix du bitcoin s’affole et franchit la barre des 120.000 dollars, un nouveau record

    July 14, 2025

    Bitcoin, Ether Target Late Shorts Amid Crypto Price Rebound

    August 18, 2025

    China’s property market edges toward an inflection point – NBC New York

    March 20, 2025
    Editor's Picks

    Crypto Exchange Kraken Paid Barstool Sports’ Dave Portnoy Bitcoin (BTC) in Sponsorship Deal

    July 18, 2024

    Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata on August 8

    August 7, 2025

    ‘I spent £300,000 on a garden room – complete with climbing wall’

    July 14, 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.