Nearly 60% of landlords have raised rents in the past year and over a third are planning further increases in the next six months, according to a survey from Lendlord.
Based on responses from active UK landlords, the survey sheds light on vacancy rates, rental strategy, tenant turnover and the potential impact of the Renters’ Rights Bill.
The survey revealed that vacancy rates remain low, with 72.8% of landlords fully let and only 6.8% reporting more than 25% vacancy.
Tenant turnover is stable, with 73.8% saying there has been no significant change in move-ins and move-outs.
Landlords were asked whether the Renters’ Rights Bill was affecting their pricing, with 72% responding that they were either monitoring or planning to review rents and only 14.4% having already made changes.
Aviram Shahar, co-founder and CEO at Lendlord (pictured above), commented: “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.”
