Lettings Market Update Spring 2025

24 April, 2025

The UK lettings market remains robust, continuing the trends observed through the first quatre. High demand coupled with limited supply has driven rents to near-record levels, reinforcing the market's resilience. This sustained demand enables landlords to secure quality tenants swiftly, with void periods remaining low.​

However, as new legislation approaches, it has never been more critical for landlords to ensure they have the right tenant in place. The Renters (Reform) Bill, currently at the committee stage in the House of Lords, is expected to become law in summer 2025. Key provisions include the abolition of Section 21 'no-fault' evictions, the introduction of rolling periodic tenancies, and the establishment of a landlord register and ombudsman.  

These reforms aim to enhance tenant security and housing quality but will also impose new responsibilities on landlords. Compliance with the forthcoming regulations is crucial to safeguarding your investment and avoiding potential legal pitfalls.​

By partnering with a knowledgeable letting agent, landlords can not only navigate these changes effectively but also ensure long-term security in an ever-evolving market.

If you are considering letting a property in the Southampton area get in touch with our team on 023 8071 0402 lettings@fieldpalmer.com or request a rental valuation on our website here