{"id":174782,"date":"2025-06-11T05:00:17","date_gmt":"2025-06-11T05:00:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/174782\/"},"modified":"2025-06-11T05:00:17","modified_gmt":"2025-06-11T05:00:17","slug":"lettings-market-boom-finally-over-as-rent-rises-sink-to-four-year-low","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/174782\/","title":{"rendered":"Lettings market &#8216;boom&#8217; finally over as rent rises sink to four-year low"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-181464 aligncenter\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Zooplas-Executive-Director-of-Research-Richard-Donnell.jpg\" alt=\"\" width=\"730\" height=\"455\"  \/><\/p>\n<p>The huge rises in rents of recent years are finally coming to an end, with rent rises falling to their lowest level since July 2021,\u00a0 Zoopla\u2019s Executive Director of Research, Richard Donnell (pictured) has claimed.<\/p>\n<p>His latest report reveals the average rent for a new let has increased by just 2.8% during the 12 months to April 2025, less than half the rate of rental growth recorded a year ago (6.4%). The average monthly rent now stands at \u00a31,287, up just \u00a335 over the past year.<\/p>\n<p>Market pressures unchanged<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-168772\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Angharad-Truman.jpg\" alt=\"Angharad Truman - Propertymark\" width=\"125\" height=\"164\"\/>Angharad Trueman, President, ARLA Propertymark<\/p>\n<p>But <strong>Angharad<\/strong> <strong>Trueman<\/strong>, President of<strong><a href=\"https:\/\/www.propertymark.co.uk\/\" target=\"_blank\" rel=\"noopener\"> ARLA Propertymark <\/a><\/strong>warns that the underlying market pressures remain unchanged.<\/p>\n<p>\u201cIt\u2019s interesting to see that rent growth has slowed year on year. This is more than likely down to rent levels reaching their peak in many places across the UK, as they have been rising to <strong><a href=\"https:\/\/thenegotiator.co.uk\/?s=rents\" target=\"_blank\" rel=\"noopener\">unrealistic levels for years<\/a><\/strong>.\u201d<\/p>\n<p>She adds: \u201cFrom the outside looking in, it may look as though landlords and their greed are at the heart of this problem, however, this is not the case.<\/p>\n<p>\u201cA significant number of landlords face increased costs across the board, from continuous legislative hurdles, tax hikes, and mortgage increases, many are struggling to break even on their costs.\u201d<\/p>\n<p>Supply shortages persist<\/p>\n<p>The data also shows that although rental demand may have fallen by 16% over the last year, the market continues to face significant supply constraints. And, despite being 17% higher than a year ago, the number of homes available for rent remains 20% lower than pre-pandemic levels.<\/p>\n<p>Trueman points out: \u201cThe bombardment and penalisation of landlords is pushing many to leave the market altogether or prohibit new investors from entering, which is creating an ever-growing undersupply of private rented homes against a backdrop of increasing demand from renters.\u201d<\/p>\n<blockquote class=\"quote-solid\">\n<p>It\u2019s crucial that support is available and incentives are introduced for investment.\u201d<\/p>\n<\/blockquote>\n<p>He concludes: \u201cIt\u2019s crucial that support is available and incentives are introduced for investment moving forward in order to make private rented housing more affordable in the long term.\u201d<\/p>\n<p>Zoopla is predicting UK rents will increase by 3-4% over the remainder of 2025.<\/p>\n<p><br clear=\"all\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"The huge rises in rents of recent years are finally coming to an end, with rent rises falling&hellip;\n","protected":false},"author":2,"featured_media":174783,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,2441,72329,16,15],"class_list":{"0":"post-174782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-rental-market","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114662973382354534","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/174782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=174782"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/174782\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/174783"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=174782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=174782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=174782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}