The gap between demand and supply remains significant and continues to shape the market.

Rents rose 9% on average in the UK in Q1 2024 compared to the same period in 2023, according to the latest data released by flatshare site, SpareRoom.

Tom Bill, head of UK residential research at Knight Frank, looks at what has been happening in the capital's prime rental market and how underperforming sales are feeding into it.

Average rental yields across Britain are up by 0.5% compared to last year.

Tenant demand for rental homes climbed by +1.5% during the first quarter of 2024, with almost a third of all homes listed for rent already being snapped up by renters.

The rental market is straining under the pressure of high tenant demand which has seen rental costs spiral in recent years.

Newly released data flatshare website SpareRoom suggests that the fall in average rental prices in Greater London could be early signs of a recovery.

Average rental prices in the UK have dropped for a third consecutive month, this time by -0.6%.

35% of Propertymark members reported in December 2023 that rental prices have increased, according to their latest Housing Insight Report.

Younger prospective tenants are facing some of the most financially challenging conditions ever seen in the UK rental market, according to a new analysis by Zero Deposit