Rent Records Climb Again

Rents in London, and across the UK, have reached a new record high, according to Rightmove’s latest Rental Trends Tracker, although the pace of growth has slowed to its weakest level in over four years.

In the third quarter of 2025, average advertised rents in the capital rose by 0.9% to £2,736 per month - 1.6% higher than the same period last year. Across the rest of the UK, rents also hit a new high of £1,385 per month, up 3.1% annually, marking the third consecutive quarterly record this year. 

Rightmove reported that the number of homes available to rent is now 9% higher than in 2024, bringing supply closer to pre-pandemic levels. However, the flow of new rental listings has slowed significantly, rising just 1% year-on-year - the lowest growth recorded in 2025.

Landlords are becoming increasingly cautious amid sustained high mortgage rates, recent stamp duty changes, potential tax reforms in the upcoming Autumn Budget, and uncertainty surrounding the newly enacted Renters’ Rights Act. Nearly one in three landlords told Rightmove they are considering leaving the market, while two-thirds feel unsupported by current government policy.

Affordability remains a major concern for tenants. The average rent now consumes 44% of the typical UK wage, up from 40% five years ago. Although average earnings have risen by 5% over the past year, many renters are still struggling to save, with the average deposit for a first home increasing by over £5,000 in the same period - now standing at £45,374.

Rightmove’s property expert, Colleen Babcock, said the figures suggest a market “starting to stabilise,” but warned that “sustained high mortgage costs mean landlords need to plan carefully before expanding”.

This article is for informational purposes. Always seek professional advice before making any property decisions.

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