Looking ahead

Demand to live in London remains at a record high, with more agreed tenancies compared to this time last year. This strong demand, combined with our proactive approach, means we’re regularly receiving exceptional offers from great tenants, and we expect this to continue throughout the year.

The number of prospective tenants looking for their next London home has also grown compared to last year. This influx of interest means landlords continue to benefit from a choice of first-rate tenants looking for long-term homes. As rents increase, so do yields, and across some London boroughs, landlords are receiving almost double their return on investment. There has never been a better time to be a landlord.

We have some really well-priced investment properties with high yields for sale at the moment. If you are looking to expand your portfolio, then please contact your local lettings or property management office and they will be able to share the details with you.

Our Corporate Lettings & International Relocation team is experiencing unprecedented demand as well, receiving over 200 enquiries each week from embassies and major corporations looking to relocate their employees. The capital remains an exciting place to live, and there are no signs of this activity slowing down.

London is a brilliant investment, and we are here to support you throughout your property journey, from finding you a great tenant and managing your home to helping expand your portfolio and guide you through the many legislative changes in our industry. We’re looking ahead with great optimism and have every confidence in the future of the London property market.

The Renters' Rights Act - What it means for you

With the Renters' Rights Act (RRA) coming into effect on 1st May 2026, we wanted to update you on what this means for your property and how we are supporting you through the changes.

What's changing and what are we doing?

The Renters’ Rights Act introduces significant reform to the private rental sector. The key changes include:

• The end of fixed-term tenancies - all new tenancies will be periodic from the outset, rolling on a month-by-month basis
• Section 21 'no fault' evictions replaced by Section 8 notices - possession will need to be sought through the updated Section 8 process

To find out more information and to see how we are supporting you, please click here.

Our teams have been preparing for these changes so that your property remains fully compliant from day one. As part of this, before the deadline on 31st May we will be writing to your tenants enclosing the new ‘Renters’ Rights Act Information Sheet 2026’, as required by the Government.

You can view a copy of the information your tenants will receive by clicking here.

What you need to do

For most landlords whose properties we manage, no immediate action is required as we are handling compliance on your behalf. However, if you have questions about how the new rules affect your specific circumstances, please contact your local lettings or property management office.

We're here to help

Navigating change is easier with the right support. If you currently manage your property and have any concerns about the change, please don’t hesitate to ask for our guidance. Our property management teams are on hand to offer practical advice, resolve maintenance issues, and ensure your investment is protected under the new legislation.

Protecting your rental income

We act exclusively for professional landlords and believe the Renters’ Rights Act will not affect your long-term investment. That said, the implementation period brings practical challenges, which is why we have introduced an enhanced service that includes rent and legal protection from 1st May 2026.

This new service covers two key risks introduced by the Act:

• Rent arrears - tenants must now be three months in arrears before eviction proceedings can begin (previously two), and with court backlogs, arrears exposure could extend
• Rent Tribunal delays - tenants can appeal any rent increase, with any Tribunal determined rent only applying from the date of the decision, not backdated

Therefore, under the new service, you will be covered for:

• Major breaches of tenancy
• Missed rental payments until vacant possession of the property, or up to 24 months, whichever is sooner
• Up to 3 months’ rental payments at 75% following vacant possession after a breach of tenancy, while we find you new tenants before reletting
• Legal Expenses up to £100,000 covered: access to comprehensive legal support for tenant disputes, including possession proceedings
• Backdated rent amounts once the Tribunal has reached a decision
• Peace of mind: reduced financial risk and greater security in managing your property portfolio

The service is priced at £36.50–£100 per month per tenancy (inc. VAT), based on your tenancy profile. For more information, please click here, and if you would like to discuss further, please contact your local office.

Making Tax Digital - What it means for you

HMRC is introducing Making Tax Digital for Income Tax (MTD), which changes how landlords record and report rental income. Instead of a single annual self-assessment return, certain landlords will need to keep digital records and submit quarterly updates to HMRC through compatible software.

If your combined rental and self-employment income exceeded £50,000 in the 2024/25 tax year, you will need to follow the steps below. The threshold drops to £30,000 in April 2027 and £20,000 in April 2028.

If you’re in the first wave, the key steps are:

• Check your individual 2024/25 income against the £50,000 threshold
• Speak to your accountant about MTD compatible software (HMRC doesn’t provide its own)
• Register via your Government Gateway account
• Your first quarterly update will cover 6th April - 5th July 2026, due by 7th August

The good news is that HMRC won’t apply penalty points for late quarterly updates in the first 12 months and tax payment deadlines remain the same as now (31st January and 31st July). Please note this applies to landlords who own property in their personal name; limited company landlords are not affected.

We’d recommend speaking to your accountant as soon as possible if you haven’t already. If you do not have an accountant and would like to discuss compliance with MTD, then please let us know and we will put you in touch with an external accounting firm.

We will provide your first quarterly statement in July, so you are ready to upload your first update before the 7th August deadline.

If you have any questions, please contact your local office. Our teams of experts are happy to help.