Drastic fall in homes to rent in the UK since 2011


The number of homes in the Private Rented Sector available for rent has fallen significantly over the last six years by 11.4%, a new research shows.

A report by Home.co.uk has highlighted major concerns as people looking for a home to rent might struggle to find somewhere, as availabilities keep dropping. With a decrease of 34.7% Scotland saw the biggest drop in rental accommodation over the same period.


In Wales, the number of homes has dropped by 28.1%, in the East Midlands by 24.6%, by 20.8% in the South East, by 16.7% in the West Midlands, by 16.5% in the South West and by 11.9% in East Anglia.

Some areas, such as Yorkshire and the Humber with a drop of 5.5%, the North West with 8.5% and Greater London with 3.9%, saw a less significant drop.

However, in total seven out of the country’s eleven regions saw a fall in excess of the UK wide average.

The only area that saw an actual increase in rental property was the North East, up by a surprising 33.4%.

The report once again underlines the trend of Generation Rent by highlighting that demand is rising due to the simple fact that a whole generation is priced out of the market. They’re left with no other choice than renting a home.

Once the changes made to buy-to-let taxation and political uncertainty added into the mix, many landlords choose to remain steady rather than investing in more property, which in return leads to a growing lack in supply.


Wales is one of the areas that has seen the largest drop in supply and, as a result, has experience an increase in rental costs by 11.3% over the last year. The report also revealed that Yorkshire and the Humber, one of the areas with a smaller drop in rental properties, has seen rents increase by 8.4%.

Doug Shephard, director at Home.co.uk, said:

“A barrage of red tape and taxation, at both local and national Government levels, has meant that the supply of rental properties has fallen behind demand in most regions thereby driving up rents.”

Record low mortgage interest rates have driven unprecedented investment in the private rented sector over recent years. Simply put, those already with significant home equity have been able to come up with deposits for properties intended to let whilst aspiring home owners are as cash strapped as ever as they pay out huge sums in rent. However, ultra-low interest rates and the associated pain for renters look set to persist for the foreseeable future,” he concluded.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Drastic fall in homes to rent in the UK since 2011

Drastic fall in homes to rent in the UK since 2011


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.