Rental values remain ‘strong’ despite increased stock levels – Foxtons
Original Article Summary
The phased implementation of the Renters’ Reform Act will introduce structural changes to the private rental sector over the next few months
PropMatch Curated Analysis
London rental demand dropped 32% seasonally in September but rents hit 4-year highs at £600/week, with improved supply reducing competition from 20 to 13 applicants per property.
Investor Relevance
Shows London rental market stabilizing with strong rent growth (3% monthly, 2% YoY) and reduced competition for properties, indicating good conditions for landlords while flagging upcoming Renters' Reform Act impacts on BTR strategies.
Original Source:
Property Industry EyeStay Updated
Subscribe to our weekly briefings for curated property news and insights