Lettings Market Update Summer 2025

14 August, 2025

The UK lettings market continues to demonstrate resilience, maintaining the momentum seen in the first half of the year. Strong tenant demand, coupled with limited rental stock, has pushed rents to near-record highs-underlining the market’s ongoing strength. As a result, landlords are finding it easier to secure high-quality tenants quickly, with void periods staying low.

However, with significant legislative changes on the horizon, it’s never been more important for landlords to ensure they have the right tenants in place. The Renters (Reform) Bill, currently in the committee stage in the House of Lords, is anticipated to become law in summer 2025. Key elements of the bill include:

Abolishing Section 21 ‘no-fault’ evictions

Introducing rolling periodic tenancies

Establishing a national landlord register and ombudsman

While these reforms are designed to improve tenant security and housing standards, they will also introduce additional responsibilities for landlords. Ensuring compliance with the new rules will be vital to protecting your investment and avoiding potential legal risks.

By working with an experienced and knowledgeable letting agent, landlords can confidently navigate these upcoming changes and maintain long-term stability in an evolving market.

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