The average annual rental income landlords gain from their properties has hit an average of £89,000 — a record high.
According to the latest Landlords Trends research from Pegasus Insight, this is a rise of £14,000 from the previous quarter and £16,000 higher than the year before.
After dipping briefly in Q4 2025, landlord incomes rebounded sharply in Q1 2026 and are now more than one-fifth higher than they were 12 months ago.
Pegasus Insight’s research has also indicated that tenants are more settled now.
The average tenant has rented for around eight years and has spent more than five years in their current property.
Two-thirds intend to remain in their current home when their tenancy agreement ends, while more than two-thirds describe their recent rental experience as positive. Overall, 76% say they are satisfied with the service provided by their landlord or letting agent.
“While affordability pressures remain a concern and landlords continue to face rising compliance and operating costs, demand for rental housing remains robust,” said Mark Long, founder and managing director at Pegasus Insight (pictured above).
“The PRS continues to provide homes for millions of people who value the flexibility and convenience that renting offers.
“These findings suggest that, despite the uncertainty surrounding future regulation, the core relationship between landlords and tenants remains remarkably resilient.”
