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A New Era For Renting | Q1 Market Monitor 2026

The private rented sector entered a new chapter in May 2026 as the Renters’ Rights Act took effect, abolishing Section 21 evictions, fixed-term tenancies and bidding wars among other measures.


A New Era For Renting

| Q1 Market Monitor 2026

We’re back with a fresh edition of our Quarterly Market Monitor! Your trusted source for insightful, data-led analysis of the UK rental market, helping you stay ahead in a fast-moving landscape.

The private rented sector entered a new chapter in May 2026 as the Renters’ Rights Act took effect, abolishing Section 21 evictions, fixed-term tenancies and bidding wars among other measures. Our Q1 2026 data, drawing on data from 100,000+ renters, reflects a fairly stable market backdrop with rents slightly softer than a year earlier at the national level while affordability edged in favour of tenants, particularly families and sharers. 

Key Insights:

  • Average UK rents fell by 3.8%
  • Average initial lease lengths have fallen to 10.9 months, reflecting the new legislative landscape.
  • Across major cities, around 9-14% of working renters are still supported by guarantors.
  • In some cities, over 60% of renting households rely on a single income.
  • Average age of renters has decreased slightly, ahead of the summer influx of students and graduates.

Discover more insights from our Q1 2024 Market Monitor today!

Download Now!

Download Gateway (Quarterly Market Monitor Q1 2026)

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