Buy-to-let Property News, Market
Propertymark: London rent salary threshold reaches £74,010
Propertymark’s revised August 2026 tracker puts London’s rental salary threshold at £74,010, despite a 0.7 percent monthly fall in average rent.
Propertymark’s revised August 2026 tracker puts London’s rental salary threshold at £74,010, despite a 0.7 percent monthly fall in average rent.
HomeLet’s August 2026 Rental Index puts the average UK new-tenancy rent at £1,382 a month, up 0.9 percent in a month and 4.1 percent annually.
Benham and Reeves finds rents accelerated in five English regions after May, while England’s overall rental growth held at 0.6 percent.
Hello Neighbour says London asking rents rose 8.7 percent year on year in July even as tenant enquiries per property fell by a third, pointing to a slower but still inflationary lettings market.
HomeLet says average UK rents on newly agreed tenancies rose to £1,369 in July, up 1.2 percent on the month and 4.3 percent year on year, with London staying above £2,200 and the North East posting the fastest annual growth.
SpareRoom says inner London room supply fell 5 percent year on year in the second quarter of 2026, ending a three-year growth run and tightening pressure across the capital’s shared-housing market.
Chestertons says 36 percent of London landlords raised asking rents in May after the Renters’ Rights Act banned offers above the advertised rent, pointing to a fast pricing shift after 1 May.
The NRLA says London is now driving rental inflation higher, with rent growth in the capital pulling away from every other English region while wider price pressures cool.
Propertymark says the salary needed for an average London rent fell 17 percent year on year to £71,550 in June, even as average rents in the capital still rose to £2,385 a month.
HomeLet says average UK rents reached £1,353 in June, with London up 5 percent year on year and still leading the sharpest regional pressure in the rental market.
Prime London rents edged back into growth in March even as the sales market stayed under pressure, giving landlords a clearer read on where demand…
Average rents in London fell 7.6 percent year-on-year in March, marking a dramatic reversal from February’s 3.7 percent increase and signalling a clear shift in…