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flag UK rental demand hit six-year low in Feb 2026, with rents rising despite declining inquiries and ongoing supply shortages.

flag Rental competition in the UK has dropped to its lowest level in six years, with 4.8 inquiries per property in February 2026, down from 6.5 a year earlier, according to Zoopla. flag This shift reflects a more balanced market after peak demand, driven by improved mortgage conditions and declining migration. flag Average rents rose 1.9% annually to £1,319, with stronger growth in northern cities like Liverpool and Newcastle. flag Supply remains below pre-pandemic levels, limiting long-term affordability, and the private rented sector lost £48 billion in value in 2025 as landlords exited due to higher costs and regulations.

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