Average rent hits new record of £1,385 per month! Latest on the Rental Market... ➡️
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📈 Rental market stays strong — but growth is moderating according the latest quarterly report from Rightmove 📊
🔸 The average advertised rent outside London has jumped to £1,385 per calendar month — a new record. 🔸 That’s +1.5% this quarter and +3.1% over the year.
🔸 As for London rents, brace yourselves... a record £2,736 month (annual growth is more modest at +1.6%)
Rents are at all-time highs. But the speed of rent increases is slowing compared to the peaks seen in recent years 🐌
🔸Number of homes available to rent is now 9% higher than a year ago. That’s the strongest signal of rising supply we’ve seen in a while.
🔸 Interestingly, the rate of new listings coming on is weak — only 1% higher than a year ago. That’s the lowest in 2025 so far.
🔸 Still... supply remains 23% below pre-pandemic (2019) levels, so the market isn’t “back to normal” yet.
🔸 On the demand side, there’s cooling: tenant enquiries are down compared to recent years.
💷 Yields & Costs — What landlords should watch (especially for East-Midlands / Nottingham types)
🔹 For the East Midlands (our region), average landlord yield is 6.7% — a slight increase (+0.1%) compared to the previous year.
🔹 That’s still a healthy yield compared with many other assets — but there are headwinds...
🔹 The average interest rate on new buy-to-let mortgages currently stands around 4.87%, which is significantly higher than pre-2022 levels (when rates were around 2.9%).
🔹 In a survey of landlords, 29% said rising mortgage rates were affecting their plans to expand portfolios; 17% were even considering reducing their holdings as a result.
🔹 This suggests profitability is under pressure if costs (mortgage, maintenance, regulation) rise — so landlords with older, low-yield properties may find margins tighter.
📜 Regulation & Market Mood — Uncertainty is creeping in
🔸The report flags upcoming policy changes that landlords need to watch — notably the recently passed Renters' Rights Act 2025.
🔸In a survey included in the report: 1 in 3 landlords said they were considering leaving the rental market, and 66% feel unsupported by the government. Only 43% said they felt fully aware of what the new rules would bring.
🔸The combination of legislation uncertainty + higher costs is making some investors cautious — and could squeeze supply over time if more landlords exit.
💭 This may present opportunities. A thinning supply — if other landlords exit — could drive up demand (and rents) for well-maintained properties.
Wouldn't it be good to know the value of your home in today's market? Contact Lisa (lisa.dahl@cavendishproperty.co.uk) for an up-to-date valuation (or complete the form opposite ➡️).
📸 Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential 📸
☎📧🗨
🌟 Instant online valuation (immediate response, 60-70% accurate)... Click here 🌟
🌟 Remote consultant valuation (24-hour response, 80-90% accurate)... Click here 🌟
🌟 Face-to-face visit (time to suit you, 100% accurate)... Email expert valuer lisa.dahl-parsisson@cavendishproperty.co.uk to get started 🌟
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