Record high asking rents recorded in August – Rightmove
Average monthly rents across Britain rose 3% to £1,577 in August as landlord exits and tighter supply push prices higher, with the North West seeing a 9.7% increase, Rightmove reported.
- In August 2025, the average advertised rent across Britain reached a record high of £1,577 per month, according to Rightmove data.
- This surge reflects a constrained supply of rental homes, which remains 27% lower than in August 2019 despite an 8% increase from the previous year.
- Rents rose fastest in the North West by nearly 10%, with average rents at £1,278, while London had the highest average rent of £2,699 but slower growth at 2%.
- Colleen Babcock of Rightmove emphasized challenges for tenants and landlords, noting tenancy options vary despite record rent levels and landlords face increased taxation and regulatory pressures.
- Ahead of the Autumn Budget, Chancellor Rachel Reeves is expected to introduce new landlord taxes targeting £2 billion, which may prompt more landlords to exit, potentially harming tenant availability long term.
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Total News Sources20
Leaning Left2Leaning Right1Center14Last UpdatedBias Distribution82% Center
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82% Center
12%
C 82%
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