Paragon comments on ONS’ Price Index of Private Rents

19 November 2025

Paragon comments on ONS’ Price Index of Private Rents (PIPR): Slowing rental inflation offers some respite, but long-term solutions require bold policy action

Commenting on the ONS’ latest Price Index of Private Rents (PIPR), Louisa Sedgwick, Managing Director of Mortgages at Paragon Bank, said: “Rental inflation may be easing, but that doesn’t mean pressure in the private rented sector has disappeared. Many tenants still face high rents, and the underlying structural issue remains unchanged, with demand continuing to outstrip supply.

“Boosting the number of homes available to tenants is crucial and to achieve that means creating an environment where investment in the sector is not only viable but encouraged. While positive for the sector, the recent progression of the Renters’ Rights Act brings into focus the need to strike the right balance between tenant protections and the long-term sustainability of the sector.

“As we look ahead to the Budget, this is an opportunity for Government to demonstrate that it values the role of responsible landlords in providing the homes that millions rely on. A stable regulatory and economic framework is critical if we are to reverse the ongoing imbalance between rental demand and supply.”