Rents rise for third consecutive month during March
Rents rose again during March, with prices increasing for the third month in a row. Year-on-year, rents are now tracking 4.6% higher per property.
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Rents rose again during March, with prices increasing for the third month in a row. Year-on-year, rents are now tracking 4.6% higher per property.
Labour announced billions in additional funding for social and affordable housing, while also promising to cut red tape to accelerate construction.
Average rents rose across England during February and voids shortened across all regions monitored. Spring will likely see an uptick in tenant demand.
Rents were up by 4.6% year-on-year in January 2025, while month-on-month rents were up 2%. The 24-day void period is the longest since April 2021.
Key players in the PRS discussed the Renters' Rights Bill and other existential issues facing the industry at the Haymarket Hotel on January 22.
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