Our latest lettings market report reveals key trends shaping the London rental market as we head into the final quarter of the year. While October saw a seasonal slowdown in demand, the fundamentals remain strong, with rental values holding firm and supply continuing to improve.
Key Highlights from the Report:
• Demand eased by 33% compared to September, following expected seasonal patterns.
• Competition cooled significantly, from 20 renters per property in August to 9 in October.
• Budgets remain resilient, averaging over £550 per week.
• Supply up 10% year-to-date, supporting a healthier market.
• Average rents dipped 3% in October but remain 2% higher than 2024.
Getting ready for change
The recent Royal Assent of the Renters’ Rights Act and confirmation of Phase 1 implementation on 1 May 2026 mark a major regulatory shift. Compliance will be critical for landlords to protect returns and avoid risk.
Foxtons Property Management offers expert guidance and full-service solutions to keep your portfolio compliant and performing. Acting now ensures you stay ahead of legislation and maintain tenant confidence.
See the full story in the Lettings Market Report - October 2025
