As Andy Burnham calls for closer ties with the EU, new research suggests that the UK rental market has less room for extra demand than before Brexit.

Affordability pressures are reshaping PBSA rental growth, despite continued investment activity and strong student concern about housing costs.

Average monthly rent is £2,338 in London, compared with £790 in the North East.

Lodger rooms made up 29% of total UK flatshare supply in the third quarter of 2026, yet supply fell 1.4% year on year.

With rental growth on new lets at its fastest since November 2024, Hamptons data shows 56% of tenants who bought in September now pay more each month than they did in rent.

Asking rents are rising as individual landlords sell and institutional investors, led by North American capital, take a bigger share of build to rent.

Bristol, West Yorkshire and Merseyside recorded some of the largest average quarterly falls in available rental listings this year.

Average London house prices have fallen 0.10% a month since January, while rents have risen 0.47%.

Advertised rents in London climbed to £2,825 a month, with listings down 9% and demand up 6%.

Direct bookings made up 57% of UK check-ins in Q3 2026 but generated 68% of revenue.