Rental demand has dropped by 20% over the last year, reaching the lowest level for six years as net migration fell by 78% between June 2023 and June 2025.
72% of respondents to a new survey from LRG have indicated that they prioritise support measures other than stamp duty relief, including lower-deposit mortgages and faster approvals.
Mid-market and lower-value homes have seen prices hold steady or rise slightly, compressing the gap with prime properties for the first time in 30 years.
London saw 45,000 more search enquiries for houses to rent among British tenants, representing a 13% increase, though international demand dropped 21%.