The UK rental market has experienced significant growth, increasing by 28% year-on-year, according to research by Hamptons. Despite this growth, the rate of increase has slowed compared to previous years. Contributing factors include a reduction in available rental properties, with 40% fewer homes available than in April 2019. The demand for rental properties remains high, driven by various economic and social factors, including rising house prices and challenges in obtaining mortgages. This imbalance between supply and demand has led to increased competition among renters, pushing rental prices higher.