Rents take dramatic tumble as October dampens prices
Rents dropped 11% in October after a record-breaking autumn, while voids increased to 21 days. Year on year, rents are up 3.1%.
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Rents dropped 11% in October after a record-breaking autumn, while voids increased to 21 days. Year on year, rents are up 3.1%.
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Following the release of the State of the Lettings Industry 2025 report, a panel of four experts discussed the key takeaways at the Haymarket Hotel on October 9.
The Tenant Fees Act introduced strict rules around how letting agents and landlords retain and return holding deposits.
Rents dropped 2% in September after a record-breaking August, while voids increased to 16 days. Year on year, rents are up 2.1%.
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Rents generally dropped, but some areas set regional records in August, while voids increased to 15 days. Year on year, rents are up 3%.