The Property Podcast TPP642: Market Update - July 2025
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Jul 3, 2025 London's property market is showing unexpected signs of recovery, with surprising data capturing attention. A warning for landlords highlights the urgency of adapting to new EPC regulations. The rental market faces questions about its longevity, while recent improvements in buy-to-let mortgages bring some optimism. Furthermore, updates on the Renters Rights Bill reveal a lengthy wait ahead, and landlords may need to reconsider their knowledge of energy performance standards to avoid potential pitfalls.
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London’s Split Market Dynamics
- London shows a surprising split with some boroughs' prices up over 10% while others fall by more than 10%.
- Cheaper, more affordable areas see growth while prime areas experience significant declines, reflecting an exodus of wealth.
Rental Demand Mirrors Economy
- Rental demand cools sharply in affluent areas with falls of up to 50%, while affordable areas remain stronger.
- Tenants now seek more value whether renting or buying, mirroring broader economic trends.
Rental Boom Cooling Off
- The rental boom has ended with new tenancy rents increasing moderately by 2.8% over 12 months.
- Within-tenancy rent increases tracked by the ONS are higher, suggesting landlords are raising rents to catch up.