Increase in UK rents

Increase in UK rents

In this quick speed read we look at the rise in monthly rents in the Private Rental Sector (PRS)

  • July to September is the busiest quarter of the year for the rental market. In a normal year, 32% of tenancies start in quarter 3. This is likely to be higher in 2021, as students and workers return to cities.
  • It is therefore no surprise that the UK average monthly rent has seen an annual increase of 7.5% and is higher than pre-pandemic levels.
  • Wales has seen the largest annual increase in monthly rent, 12.9%, followed by Scotland, 10.5%, and the East Midlands, 8.4%.
  • Rental growth forecasts for the next 12 months are slightly above 3%. Over the next five years, rents are forecast to increase by 4% per annum across the UK (RICS).
  • Source: Dataloft, HomeLet, Royal Institute of Chartered Surveyors


Get in touch with us

An executive high specification four-bedroom detached family home, built in 2021 and offering spacious living, modern design, and low-maintenance gardens. With two reception rooms, a master bedroom suite, a stylish kitchen/breakfast, it’s ideal for families seeking comfort, privacy and convenience.

Choosing a new home isn’t just about the property itself – the neighbourhood plays a huge role in your quality of life. From schools and transport links to local shops and community spirit, here’s what to look out for when deciding if an area is right for you.

A quick look at Attleborough’s property market, where this time, I'm focusing on the £/sq.ft of all property that was 'for sale' in July—a key indicator of how the market is moving. More than just a number, it reflects the mix of homes for sale and the story behind local property values.

Young people in Attleborough are finding it tougher than ever to buy a home. Rising costs, slow wage growth, and stricter lending have pushed ownership further out of reach, turning it into a long-term goal for many under 34s. This snapshot explores the challenges and what the future may hold.