HomeLet’s latest figures reveal that average UK rents reached £1,340 in May, marking a 2.5% year-on-year increase—the strongest growth recorded so far in 2026.
For regular market observers, the driving forces behind this trend are a familiar story: rental supply continues to shrink while tenant demand remains stubbornly high, inevitably pushing prices upward. While these rising costs squeeze tenants, they offer a silver lining for property investors. Current landlords are seeing their rental income grow, while prospective investors are looking at yields that are becoming more attractive by the month.
