HTB comments on latest ONS Private Rent and House Price data

21 May 2025

Alex Upton, Managing Director - Specialist Mortgages & Bridging at Hampshire Trust Bank:

“Rents continue to rise, and the reason why is clear. We still do not have enough homes to meet demand. Propertymark data shows an increase in available stock, but it is not enough to keep pace with tenant enquiries. That level of competition means pricing pressure remains firmly upward.

“There is a risk that the imbalance becomes even more severe in the months ahead. The Renters’ Rights Bill may prove to be the final straw for some smaller landlords, particularly those for whom property is not a full-time focus.

“Despite the uncertainty, many landlords are taking action. We are seeing more investors rebalancing their portfolios, focusing on properties that can deliver strong tenant appeal and long-term performance in a changing regulatory landscape.

“Brokers and lenders both have a role to play in supporting that shift. Landlords need access to funding that is flexible and commercially fair, with structures that allow them to transition out of underperforming assets without being penalised by restrictive terms or excessive exit charges. The market is evolving, and landlords will need the right support to adapt.”