Property data consultancy TwentyEA says the UK’s net growth in population will keep demand for rental units high.
In its latest market snapshot the consultancy says: “The challenges remain for tenants trying to find a home due to the significant lack of rental properties, a problem exacerbated by many landlords exiting the sector.
“Furthermore, with net migration in 2024 of 431,000 people, demand will continue to exceed availability.”
Its analysis shows that year-to-date, Lets Agreed in 2025 are 6.3% higher than 2024 and are at their highest level in seven years.
However, the available stock for renters is 19% lower compared to 2019.
It adds that based on the mix of rental stock available, the average asking price at the end of Q2 2025 is now £1,814 per month, up by £47 from Q1.
Katy Billany, TwentyEA’s executive director, says: “Q2 2025 is characterised by strong transactional activity across sales and lettings.
“Whilst the sales market is experiencing rising supply, there are persistent structural challenges in both the sales and rental sectors.
“While overall demand remains resilient, slower transaction timelines and rental affordability issues point to systemic issues that could dampen momentum if left unaddressed.”
This article is taken from Landlord Today