London Lettings Market: A More Balanced Outlook for Landlords
June brought renewed confidence to London’s lettings market, with a notable rise in both applicant demand and available stock. Applicant registrations rose 21% month-on-month, while supply increased to its highest level in four years, up 18% from May. This shift signals a return to more typical seasonal patterns and a healthier balance between supply and demand.
For landlords, this should mean reduced void periods and more consistent rental income and suggests that competitively priced, well-presented properties are more likely to let quickly and attract quality tenants.
Importantly, rental growth is steady rather than steep, and increased choice is helping to ease the intense competition seen in recent years. For landlords invested in the capital, this environment supports long-term planning and portfolio performance.
As we move into the summer peak, landlords who align pricing with market conditions and respond to shifting tenant expectations will be best placed to capitalise on sustained demand.
🎬 Watch: stong demand across the Capital this summer
Gareth Atkins, Managing Director - Lettings, shares his expert opinion on what's ahead:
Check out our full Lettings Market Report for June 2025.
