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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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thetottenhamindependent.co.ukthetottenhamindependent.co.uk
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'Challenges for tenants' as UK monthly rents reach record highs

According to Rightmove, the average asking rent being advertised across the UK increased to £1577 per month in August.

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Wales Online broke the news in Wales, United Kingdom on Thursday, September 4, 2025.
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