Blog Post

Rents on the rise

Rebecca Galgut Aug 10, 2021, 11:30 AM
236_Dataloft_rents_are_rising-01

The average monthly rent in the UK in now at a record high of £1,029. In the twelve months to July 2021, UK monthly rent increased by 6.6%, rising from £965 to £1,029.

In July, all regions in the UK experienced an annual increase in monthly rent, with the South West experiencing the biggest increase, 12.9%.

Over one in five of all new rental tenancies are agreed in August and September, so the next two months are set to be busy.

Rental forecasts look strong, with the RICS residential survey forecasting rents to rise +3% over the next twelve months. Source: Dataloft, HomeLet.

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"Excellent service, quick to find tenants and organising final checks, no complaints so far!"

- Steve

"We would like to give a special thanks to the newest member of staff Aleaya"

- Daniel

"I honestly can’t sing the praises of the Liverpool branch any higher"

- Phoebe

"I would highly recommend Gill and the team"

- Isabelle

"I found Sean to be an understanding and friendly guy"

- Mike

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"Yaseen has been fantastic very helpful and good communication all the way through"

- Kate Dawson