Home » News » Housing Market » Exclusive: rental transaction volumes continue to drop – claim
Regulation & Law

Exclusive: rental transaction volumes continue to drop – claim

Housing crisis appears to be widening even in the usually bullet-proof private rented sector, says TwentyEA

Robyn Hall

signboards image

Mounting legislation and rising taxation is forcing landlords to reduce their portfolios or exit the market entirely, despite demand for rental property continuing to rise.

Exclusive research from TwentyEA shown to The Neg reveals demand so far in 2022 representing 73% of supply, up from 68% in 2021 and 63% in 2019.

But the short supply of rental properties is driving up prices, with rising average let agreed prices showing little sign of abating.  Average monthly rental prices have risen from £1,074 in 2019 to £1,316 in 2022, an increase of 22%.


Scotland has recorded the highest leap in rent prices over the last three years (34%), followed by the North West and Wales (27%), Yorkshire and The Humber (25%) and the West Midlands (24%). Inner London has recorded the lowest rise in rent prices (10%).

Stuart Ducker, Strategic Solutions Director of TwentyEA, says: “We believe that pretty much 100% of the current rental stock is being rented at the moment and our pricing stats bear this out.
“Though there are many industry commentators talking of a slowdown in the rental market, the reality is demand is still very strong.

In some parts of the UK, people can’t find anywhere to rent.”

Alistair Ewing, Managing Director at Perth-based broker The Lending Channel, told The Neg: “Rent price increases in Scotland do not surprise me. There’s definitely a shortage of stock which is driving prices up.

“Our buy-to-let business is up 153% for the first seven month of the year – compared to the same period pre-pandemic. Nine out of 10 loans we facilitate are based in Scotland but across the board others are reporting the same.”

August 4, 2022

One comment

  1. Dose Shelter still want to say the new tenant protecting rules in Scotland are working?
    We can go to major lengths to protect anyone, but at what cost to the majoirty?

What's your opinion?

Please note: This is a site for professional discussion. Comments will carry your full name and company.

This site uses Akismet to reduce spam. Learn how your comment data is processed.