Supply across the London rental market continued to grow in August 2026, with new listings running 2.9% ahead of last year and landlord numbers holding firm four months into the RRA.

The London rental market absorbed the first full month of the Renters' Rights Act without disruption, with applicant demand up 13.7% month on month and new listings growing 5.7%.

April's lettings market data reveals a sector in balance, with supply outpacing last year and applicant demand on the rise ahead of the Renters' Rights Act.

London rental yields hold firm as the lettings market regains momentum and prepares for regulatory change.

Rental supply growth is supporting a seasonal rebound in the London lettings market as demand stabilises and competition eases.

New listings rose 6% year on year and 13% month on month in January, giving renters the widest supply pool seen in recent months.

New rental listings in the capital climbed by around 2,000 in December, reaching approximately 25,000 homes.

The capital's build-to-rent planning numbers increased 8.5% year on year, while regional markets outside the capital declined 1.4% over the same period.

Average rental prices fell 4% in November to £551 per week, though year-to-date prices remain 2% higher than 2024 levels.

The average monthly cost of renting in London now sits at £2,736, making it difficult for renters to save a deposit for homeownership.