Three in five (58.5%) landlords have raised rents in the past year alone, signalling that many are profiting from an increasingly competitive market.
What is more, a third (36.3%) say they plan to further increase rents in the next six months.
Aviram Shahar, co-founder and chief executive of Lendlord, which conducted the research, said: “Many are raising rents, but they’re doing so cautiously, balancing inflationary pressures with tenant stability.
“Our data shows demand remains high, with very low vacancy rates across the board, and landlords are carefully monitoring the potential impact of regulatory change.
“This latest data gives a clearer picture of how landlords are responding on the ground, not just in terms of pricing, but how they’re thinking about stability, regulation and future plans.”
Some 72.8% of landlords are fully let, with only 6.8% reporting a vacancy rate of more than 25% across their portfolio.
Many have their eyes on the upcoming Renters’ Rights Bill, with 72% either monitoring or planning to review rents, and only 14.4% having already made changes.
Average regional rents are as follows: Greater London, £1,959.78; South West, £1,500.99; South East, £1,383.36; East of England, £1,289.73; North West, £1,000.53; West Midlands, £995.80; East Midlands, £991.23; Wales, £941.39; Yorkshire & Humberside, £858.91; Scotland, £844.24; Northern Ireland, £743.61; and North East, £732.55.
