London Landlords cutting rents according to NLA

February 7, 2018

Latest news release 6th February 2018 from the National Landlords Association (NLA) reveals that London landlords are cutting rents.

According to recent research by the NLA,  one in five landlords (16 per cent) in outer London has reduced rents over the last year.

The NLA state in their report: The research also shows that the proportion of landlords who have been able to increase rents in outer London (23 per cent) is the second lowest in the UK over the same period – only the North East (18 per cent) was lower.

Richard Lambert, CEO of the NLA said:

“These findings do not mean London is suddenly going to become more affordable for renters, but it seems to confirm that the trend of a softening of tenant demand in the capital is well-established.

“Both landlords and tenants are continuing to look outside of the capital to other centres and areas commutable to London which, if anything, will only serve to push up prices in those regions”.

Read the NLA news release 6th February 2018 in full, including table of  full regional breakdown of rent rises and falls, click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Student rental chaos looms as Govt axes fixed-term contracts, agents warn

More than one in three letting agents fear academic lettings cycle will collapse Landlords already pulling out of student market amid Renters’ Rights Bill concerns Alto calls for urgent rethink – as fears mount over voids, admin, and rising rents Letting agents are warning of an approaching crisis in the student rental market just weeks…
Read More →
Estate Agent Talk

Feeling BAMBOOzled by that pretty plant triggering neighbourhood disputes?

Bamboo is often pretty to look at in a garden and can be perceived as a nice addition to it. However, do not be deceived by its good looks, as it has the potential to not only cause damage to your home and potentially inflict thousands of pounds’ worth of damage to your property but…
Read More →
Estate Agent Talk

The 5 Ultimate Process-Mining Advantages in Data-Driven Decision Making

Organizations create tremendous levels of data daily in the current dynamic business environment. That is not an issue of gathering this data, but how to properly utilize it to enhance the processes, increase efficiency, and make more intelligent decisions. It is here that process mining emerges as a formidable tool for the business endeavouring to…
Read More →
Rightmove logo
Breaking News

Rightmove asks government to carefully consider property tax changes

The UK’s largest property platform Rightmove is asking the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences which would risk stalling parts of the market. Key data National property tax Just under a third (30%) of homes for sale in England are priced at over £500,000, and…
Read More →
Estate Agent Talk

Get Fast and Reliable Basement Flood Cleaning Services

Having water in your basement is awful. It could be because of a storm, busted pipe, or bad sump pump. Whatever the reason, water damage in your basement has disastrous effects if not dealt with. Basement Flood Cleaning Services are what you need. They will dry it out, disinfect the floor, and have your basement…
Read More →
Breaking News

Breaking Property News 21/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Providing comprehensive, predictive operational intelligence across all aspects of building operations  JLL (NYSE: JLL) this week introduced artificial intelligence (AI) capabilities that are now available as an add-on to Prism, its award-winning building operations platform. As part of JLL’s property management technology ecosystem powered by…
Read More →