21 would-be tenants competing for each rental home – Zoopla
The pace of rental growth is easing, but a continued lack of supply is a major issue.
Rental market ‘remains out of balance and difficult for tenants’ – Rightmove
Asking rents have hit another record high, as each lettings listing receives an average of 17 enquiries.
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
Larger homes see pace of rental growth ease
London's average monthly rent bill has risen by 3% in the last 12 months, while Northern regions have seen three-times that growth.
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