## Rental Demand Outstrips Supply Despite More Properties

According to Propertymark’s Housing Insight report for November 2025, the average number of rental properties available per member branch has increased slightly to 10.82. However, this modest growth has not alleviated pressure on the market, with demand remaining strong at around six applicants per property. This imbalance continues to challenge landlords and letting agents across the UK.

## Renters’ Rights Act Creates Landlord Uncertainty

The introduction of the Renters’ Rights Act is a significant factor adding to uncertainty among landlords. A Propertymark agent from the South West commented: “The Renters Rights Act is still causing landlords concern, and as property is being vacated, landlords are not automatically re-letting due to the concerns regarding the length of time the property will be empty if they decide to sell after the Renters’ Rights Act.” This hesitation to re-let properties may contribute to supply constraints, affecting availability for prospective tenants.

## Rent Arrears and Void Periods See Slight Increase

The report notes a slight rise in rent arrears to 2.2%, alongside an average void period of 3.4 weeks in November 2025. While nearly half (49%) of Propertymark member agents reported rents remained generally static, 31% observed an overall decline. These figures suggest a cautious rental market where landlords are balancing income stability against the risks posed by legislative changes and tenant demand.

## Limited Choices for Renters Persist

Phil Spencer, founder of MoveiQ, acknowledges the positive trend of more homes entering the market but stresses that competition remains fierce. He said: “For buyers and renters, this data shows a market that’s calmer than the highs of recent years, but still competitive. With more homes coming onto the market and slightly fewer sales being agreed, buyers may find they have a bit more breathing room to negotiate, particularly if they’re well prepared.

“For renters, any increase in available properties is positive, but choice remains limited in many locations, so acting quickly and understanding your budget is still key. Whether buying or renting, consumers who take the time to get good advice and stay flexible are best placed to make confident decisions in the current market.”

## Housing Market Shows Resilience Amid Seasonal Normalisation

In the sales sector, the number of sales agreed per member branch dipped slightly to an average of 6.8 in November 2025, reflecting seasonal normalisation rather than a drop in demand. Each member branch had around ten homes listed for sale, with the average UK house price at £270,000. Nathan Emerson, chief executive of Propertymark, said: “The figures point to a housing market that remains resilient but measured.

“The slight dip in agreed sales reflects seasonal normalisation rather than weakening demand, whilst the steady flow of new listings shows that sellers are still confident enough to test the market.”

## What This Means for UK Landlords

Landlords should be aware that the Renters’ Rights Act is influencing decisions around letting and selling, potentially leading to longer void periods and cautious re-letting strategies. While demand remains strong, the slight rise in rent arrears and static or declining rents in some areas suggest a need for careful tenant vetting and financial planning. Staying informed about legislative impacts and market trends will be essential for managing portfolios effectively in this evolving environment.