% of Homes Privately Rented
The latest Census data reveals the percentage of homes that are privately rented across various UK regions, providing insight into the distribution of private rental housing. Below is a list of each region by the percentage of homes privately rented:
• London: 30.0%
• South West: 19.7%
• Yorkshire & Humber: 19.4%
• North West: 19.2%
• South East: 19.2%
• East Midlands: 18.7%
• East Anglia: 18.2%
• West Midlands: 17.9%
• Northern Ireland: 17.2%
• North East: 17.2%
• Wales: 17.0%
• Scotland: 12.4%
London continues to lead with the highest percentage of privately rented homes at 30%, indicating the strength of the rental market in the capital. The South West, Yorkshire & Humber, the South East and the North West are above the national average of 19%, reflecting regional demand and supply, together highlighting any investment opportunities for landlords seeking to expand their portfolios?
It’s clear that private renting remains a significant part of the housing market across the UK, with regional variations influenced by national economic factors, property values, and local market conditions.
If you're a Frome landlord or considering becoming one, it’s vital to understand these national and local trends and what they mean for long-term profitability.
Demand for Frome rental properties remain robust, making this a favourable time to explore opportunities.
If you're looking for advice or further insight into the market, please read my weekly updates on the Frome property market or feel free to reach out on 01373 489888.
Whether you're an experienced Frome landlord or exploring new investment opportunities, We are here to help you make informed decisions.
