Renters’ Rights Act fuels uncertainty as demand outstrips supply

Despite a growth in the number of properties available to rent, demand continues to outstrip supply as the Renters’ Rights Act creates uncertainty for landlords.

Propertymark’s Housing Insight November report reveals that the average number of properties available to rent has grown slightly, reaching 10.82 per member branch.

However, demand remains high, with an average of around six applicants per property.

Renters’ Rights Act is still causing concern

A Propertymark agent from the South West told the report: “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.”

According to the report, rent arrears also rose slightly to 2.2%, with the average void period reaching 3.4 weeks in November 2025.

However, nearly half of Propertymark member agents (49%) reported that rents remained generally static, while 31% said they had seen an overall decline.

Choices remain limited

Phil Spencer, founder of MoveiQ, says it’s positive to see more homes coming onto the market, though competition remains.

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 remains resilient

In the residential housing market, the number of sales agreed per member branch dipped slightly in November 2025, averaging 6.8.

Across the same month, each member branch had around ten homes listed for sale, with the average UK house price standing 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.”