More than half of UK landlords have already raised rents in the past year, and over a third expect to do so again in the next six months, according to new research from Lendlord.
The property management and finance platform surveyed active landlords across the country, finding that 58.5% have increased rents in the last 12 months.
Of these, 31.1% applied the increase to some properties, while 27.4% did so across their entire portfolio.
Looking ahead, 36.3% of landlords said they plan to raise rents in the next six months, while a further 30.4% remain undecided and are monitoring market conditions.
Vacancy levels remain low, with 72.8% of landlords fully let and just 6.8% reporting more than 25% vacancy.
Tenant turnover appears stable, with 73.8% seeing no major change in move-ins and move-outs.
When asked about the impact of the Renters’ Rights Bill, 72% of landlords said they are either monitoring or planning a review of rents, but only 14.4% have already made changes in response.
Aviram Shahar, co-founder and CEO of Lendlord, said: “Landlords continue to play a pivotal role in meeting housing demand across the UK, and our latest survey shows that most are taking a measured approach to rent increases despite ongoing pressures.
“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.”
Lendlord’s system data also revealed current average regional rents reported by landlords, ranging from £1,959.78 in Greater London to £732.55 in the North East.
