Rents have fallen within the North West and Yorkshire & The Humber, in a uncommon scenario the place an space has change into extra reasonably priced for tenants.
Within the North West, the common month-to-month rental share has fallen by £20, from £727 in 2024 to £707 in Q3 2025.
In Yorkshire & Humber, the determine dropped by £24, from £648 to £624.
Gary Barker, chief govt at Cover, mentioned: “With tenants staying in properties longer and the courts below stress, the main focus have to be on securing dependable tenants from the outset. Excessive-quality referencing, backed by Lease & Authorized Safety, provides landlords and brokers the arrogance to guard their revenue and safeguard tenancies.
“Laws just like the Renters’ Rights Invoice is welcome, however it received’t repair affordability or provide challenges alone. Till extra properties are constructed, sturdy referencing and monetary safety stay the best strategy to help each landlords and renters.”
Cities equivalent to Hull, Doncaster and Blackburn now supply rent-to-income ratios under 33%, making them engaging choices for renters hoping to construct financial savings and finally purchase.
London is the least reasonably priced. Renters within the capital spend practically half their revenue on hire, with seven boroughs now exceeding the 50% threshold. Enfield stays essentially the most unaffordable, with tenants spending 56% of their revenue on hire.
