
London rents near £2,300 as international tenant base drives guarantor demand, study finds
Zero Deposit analysed average monthly rental values across London and the wider UK between May 2024 and May 2026.

Zero Deposit analysed average monthly rental values across London and the wider UK between May 2024 and May 2026.

Office for National Statistics (ONS) data showed average UK private rents increased by 3.3% in the year to June 2026, taking the average monthly rent to £1,388.

Sell House Fast analysis found rents across UK towns and cities have increased by 33% on average since 2020, with Liverpool, Manchester and Bolton recording the sharpest rises.

Almost a quarter (23%) of private renters moved home during the past year, with many reporting a difficult search for a suitable property.

The analysis compared average private rental values during the five months before the legislation became law on 27th October 2025 with the five months afterwards, up to March 2026.

The deposit alternative provider found that tenants in almost one in five local authority districts across England already fail to meet standard rental affordability requirements.

The quarterly index, which combines proprietary data from Tembo alongside official figures, found buyers are also £7,600 better off after one year on average.

The reports have been designed to provide clear, data-backed evidence that rental prices align with open market conditions.

The call follows analysis from Moneyfacts, which highlighted rising borrowing costs for landlords amid ongoing geopolitical uncertainty.

With the rental market already stretched, industry experts have warned that today’s Budget could deepen supply shortages and worsen affordability for millions of renters.

The Suffolk Building Society report noted that renting in retirement can bring challenges such as financial insecurity, lack of security of tenure, and limits on adapting homes for future mobility needs.

Hamptons’ data, drawn from across the Connells Group, showed that Scottish landlords were more likely to increase rents than those in England and Wales in both 2024 and 2025.
Press Esc to close.
