Lettings Market Update Summer 2026

7 July, 2026

The market has settled down since the introduction of the first phase of the Renters Reform Act at the beginning of May. We still have not seen the predicted exodus of Landlords from the market, and both property availability and demand remain well balanced. Rents are still continuing their upward trend.

It is essential though that rents are regularly reviewed and increased annually if out of line with the market. There are still ‘Bear Traps’ for the unwary, in particular in respect to increases ahead of ‘Market Rents’. Therefore, we recommend that Landlords ensure that they review the current rental value of their properties, and propose increases where needed. Delaying a rent increase, may cause you issues in the future. We are ready to assist you with this process.

Pearsons continues to believe that there is still a place in the market for small scale landlords, provided that they concentrate on good quality properties, maintaining them in good condition, and thus yielding a good and consistent income in return.

If you are considering entering the rental market as a landlord, please speak to your local branch, who will be happy to discuss local property needs and likely rental outcomes.

Simon Pinkney

Director