Sudden leap in London rents may end thanks to reform law
Summary
London rents rose 6.4% year on year in June, but the article argues this should be read alongside a three-month average that is broadly flat. The piece suggests the Renters Rights Act may be influencing landlord pricing behaviour, potentially lifting advertised rents without necessarily indicating a sustained market upswing.
Why it matters
Residential property surveyors involved in valuation, rental analysis or landlord advice need to understand how new pricing rules may affect comparables and reported rent trends. The article also highlights the risk that advertised rents may become less directly comparable with previous periods.
Key points
- London rents were up 6.4% year on year in June, the strongest reading of 2026 so far.
- Three-month average rents were described as essentially flat, down around 1%.
- Enquiries per property rose to 43 in June, indicating a recovery in demand.
- The Renters Rights Act now prevents landlords from accepting offers above the advertised asking price.
- The agency expects rents to remain broadly flat for the rest of the year.
Organisations:
Hello Neighbour, Rightmove
Regulations:
Renters Rights Act
Locations:
London
Read the original article
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
