Autumn 2025 Lettings Market Update

16 October, 2025

As we move deeper into autumn, the local lettings market continues to be defined by strong tenant demand and limited supply. The volume of new rental properties entering the market remains low, and as a result, existing homes are quickly re-let, often at noticeably increased rental levels.

The shortage of available properties is creating a highly competitive environment, especially for well-maintained, good-quality homes. Tenants are acting fast, and properties that are presented to a high standard are seeing multiple enquiries within days of going live.

Meanwhile, we’re still awaiting the final outcome of the Renters Reform Bill, which is currently progressing through Parliament. The lack of clarity around future regulation is understandably causing some hesitation among landlords, particularly those entering or expanding their portfolios. However, it’s important to recognise that quality properties, managed professionally, will continue to perform well in the long term.

For landlords, whether seasoned or just starting out there remains a solid opportunity in the market, particularly in areas where tenant demand remains consistently high. Properties that are modern, energy-efficient, and well cared for are achieving excellent returns.

If you’re thinking of letting a property or want to know how the current market could impact your rental income, our local team is here to help. Contact Field Palmer for tailored advice or book a no-obligation rental valuation.