Rent Hikes Cast Shadow Over UK's Housing Market The latest forecast from Zoopla paints a gloomy picture for tenants, with accelerated rent rises looming on the horizon. Average rental costs have increased by 2.
6% in July compared to the same period last year, and experts predict that this trend will continue, with annual rent hikes projected to reach 4 5% by the end of the year.
The uptick in rent prices is driven by a shortage of available housing stock and increased competition for rental properties.