Good news for landlords – rental prices are still going up, although the rental boom might be starting to lose steam.

That’s according to the latest data from SpareRoom, which shows that rents rose by 4% in the year to September – the lowest increase we’ve seen so far this year.

But, it’s worth noting that some parts of the UK are still seeing strong rental growth.

Northern Ireland takes the crown with an 8% increase, followed by East Anglia and the North West, both boasting a healthy 6% rise.

London, on the other hand, seems to be bucking the trend.

Rents in the capital have only gone up by a measly 1% – good news for renters in the Big Smoke, but potentially a sign that the London rental market is losing its fizz.

So, where’s hot and where’s not for landlords right now?

Southend-on-Sea and Dundee are the stars of the show, with rents shooting up by 11% and 10% respectively.

On the flip side, Warrington is the only place in the UK where rents have actually gone down, albeit by a mere 2%.

And if you’re looking for the next big earner outside of London?

Edinburgh is the place to be, with the average tenant forking out a hefty £920 a month for a room.

Matt Hutchinson, at SpareRoom, says the slowdown is a step in the right direction but we’re still a long way off from rents being truly affordable.

What does this mean for you?

If you’re a landlord, it’s still a good time to be in the game, but keep an eye on those regional trends.