Void averages also rolled back to their pre-summer levels as the scramble for properties cooled.

Signs that the market is beginning to stabilise are growing stronger as new data from SpareRoom highlights that rents are continuing to ease in the capital.

It is estimated that over the last year, the cost of renting across Britain increased by an average of £8 every month.

Average rents rose by 4% in the UK during Q3 - the smallest year-on-year increase of 2024.

Average advertised rent for new properties coming to the market has hit a new quarterly record, according to Rightmove's latest market analysis.

Consumer confidence in household finances remained steady during the month despite anticipated turbulence in housing costs.

10% of tenants find their rent ‘barely manageable’ or ‘unaffordable’ according to newly released analysis from Pegasus Insight

New analysis shows that local authorities providing social housing are owed on average £3.1 million per authority in rental arrears.

Rents across England remained high in September - breaking the £1,400 barrier for the third month in a row.

The national average advertised rent outside of the capital is now a record £1,349 per calendar month, 5% higher than last year.