Rents down and voids increase as market cools across UK

Rents down and voids increase as market cools across UK

October proved a slower month for the UK rental market, with the average cost of rent falling and void periods increasing in all regions, property technology company Goodlord has found. (Please click or tap the picture to find out more)

Across the UK the average cost of rent decreased by -9%, with the South West seeing the biggest reduction (-26%).
Void periods rose to 23 days in October, up from 19 in September.
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Source: Property Wire




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More households are reassessing space in early 2026. If your home feels tighter than it once did, this spring may offer the right conditions to move up.

In 2025, £344bn was spent on property across Great Britain and Northern Ireland. Follow the money and the market’s geography becomes clear. Some regions dominate, others quietly punch above their weight. It’s a powerful reminder that the UK property market isn’t one story, but many regional economies moving at different speeds.

The latest figures on the average rent paid by new tenants in February 2026 reveal a market that is no longer moving in one direction across the UK. Instead, regional differences are becoming clearer, with some areas still seeing modest growth while others, particularly in the South, are starting to soften.

If you step back, a familiar pattern emerges. We rent when young, buy as life settles, and often own outright later on. Yet it’s not the same for everyone, with more people renting into later life. Property reflects life stages, choices and timing. To learn more, click the link and read on.