Growth in Rental Prices ‘Cools to Four-Year Low but Low Income Tenants Squeezed’
- Rental prices in the UK have increased by 2.8% in April, marking the lowest rate since July 2021, according to Zoopla.
- Demand for rented homes remains high, causing continued competition and steady upward rent pressure despite weaker demand, as stated by Richard Donnell of Zoopla.
- Despite cooling growth, rents are still over £2,500 higher than three years ago, according to Ben Twomey of Generation Rent.
14 Articles
14 Articles
'Still being squeezed': Rent rises slow to four-year low but low-income tenants say crisis far from over
Rental prices have slowed to their lowest annual increase since the market was dealing with the impacts of the coronavirus pandemic, according to figures from a property website.

Growth in rental prices ‘cools to four-year low but low income tenants squeezed’
Average UK rental prices for new lets in April were 2.8 higher than a year earlier, marking the lowest rise since July 2021, Zoopla said.
Rent and mortgage growth slows for third consecutive month: Barclays – Mortgage Finance Gazette
Rent and mortgage spending increased 4.6% year-on-year in May, Barclays’ property insight reveals. The latest rent and mortgage spending figure is below the 5.2% recorded in April and marks the third consecutive month that growth has slowed. Meanwhile, spending on utilities rose 4.4%, the first… The post Rent and mortgage growth slows for third consecutive month: Barclays appeared first on Mortgage Finance Gazette.
Rent and mortgage growth slows for third consecutive month to 4.6% YoY: Barclays – Mortgage Strategy
Rent and mortgage spending increased 4.6% year-on-year in May, Barclays’ property insight reveals. The latest rent and mortgage spending figure is below the 5.2% recorded in April and marks the third consecutive month that growth has slowed. Meanwhile, spending on utilities rose 4.4%, the first recorded rise in over a year, which is likely due to the energy price cap changes that came into effect on 1 April. The data found that 29% of mortgage…
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