A Guide to Letting Property in London Step by Step

Letting

Posted in Feb 11 , 2026

The London rental market in 2026

London remains the UK’s most expensive rental region. Average private rents across Greater London now sit around £2,500-£2,600 per month, with central zones considerably higher and outer boroughs offering better value. Demand is driven by professionals returning to city offices, international tenants, and families seeking long-term stability.

Step-by-step: how to let a property in London

1. Prepare the property

Before marketing, make sure the home is safe and legally compliant. This includes:

Annual gas safety certificate
Electrical safety report (EICR) every five years
Valid Energy Performance Certificate
Smoke and carbon monoxide alarms
Clean, safe conditions suitable for tenants

London tenants expect a professional presentation. Small upgrades, stronger rents.

2. Set the right rent

Use local comparable listings rather than guesswork. Overpricing increases void periods; underpricing reduces yield. A realistic market valuation attracts serious enquiries immediately.

3. Marketing and viewings

Professional photography and clear listings on major portals generate faster interest. Viewings should be organised efficiently as London tenants move quickly when they find the right property.

4. Tenant referencing

Reference checks protect landlords from payment risk. Verify employment, income, identity, and rental history. Right to Rent checks are legally required before a tenancy starts.

5. Tenancy agreement and deposit

Most London landlords use Assured Shorthold Tenancy agreements. Deposits must be protected in an approved government scheme within the legal deadline. Inventory reports and check-in documentation reduce disputes later.

Legal duties landlords must meet in 2026

Anyone searching for “a guide to letting property in London” must follow English housing law at all times. Key responsibilities include:

Annual gas safety certification
Electrical safety inspections
EPC compliance
Right to Rent checks
Deposit protection
Safe living standards

From May 2026, tenancy reform changes will strengthen tenant protections and adjust rent review procedures. Landlords must ensure agreements and documentation are updated to match the new rules. Ignoring compliance can lead to fines, restrictions on eviction rights, and legal complications.

Rent setting and yield expectations

London rents are high, but property prices are higher. Gross yields in the capital are often lower than in regional cities, yet investors benefit from strong long-term demand and capital stability.

When letting property in London, focus on:

Consistent occupancy
Reliable tenant profiles
Controlled maintenance costs
Legal compliance

Stable income over time matters more than chasing unrealistic headline rents.

Choosing good tenants and reducing voids

Strong tenant selection is one of the most important parts of letting. Financially stable tenants who plan to stay long term reduce turnover and management costs.

Landlords should prioritise:

Verified employment and income
Clear communication
Responsible rental history
Proper referencing

A carefully selected tenant often saves more money than a slightly higher rent from a risky applicant.

Common mistakes landlords make

Many first-time landlords make avoidable errors:

Skipping safety inspections
Using outdated tenancy agreements
Mispricing the property
Ignoring local licensing rules
Delaying repairs

Each mistake increases financial and legal risk. Professional oversight prevents these problems before they escalate.

Why do many landlords use a letting agent?

Letting a property in London involves constant regulation, tenant communication, and property management. Many landlords choose a professional agentto:

Handle compliance deadlines
Market properties correctly
Reference tenants
Manage repairs
Reduce void periods

An experienced agent protects income whilst saving time.

FAQs

How do I let a property in London?
Prepare the property, complete safety checks, set the correct rent, reference tenants, and protect the deposit. Compliance is essential from day one.

What legal checks are required?
Gas safety, electrical inspection, EPC, Right to Rent checks, and deposit protection are mandatory.

Can I increase rent in 2026?
Yes, but increases must follow legal procedures and updated tenancy reforms coming into force in May 2026.

How long does it take to let a property?
Well-priced London homes often let within weeks, sometimes days, depending on demand and condition.

Do I need a licence to rent?
Some London boroughs require selective or HMO licensing. Always check local council rules before advertising.

How Cribs Estates can help

Cribs Estates helps landlords let a property in London with confidence. We handle valuations, marketing, tenant sourcing, compliance, and full property management, ensuring your investment performs whilst meeting every legal requirement.

Book a free lettings consultation with our team.

Shared on social media

Comments

Enquiry form

Latest Blogs

A Guide to Letting Property in London Step by Step

London’s rental market moves quickly and is shaped by strict legal rules. Whether you are letting for the first time or expanding a portfolio, understanding the market and your obligations protects income and avoids costly mistakes. Here’s a step-by-step guide for it:The London rental market in 2026London remains the UK’s most expensive rental region. Average private rents across Greater London now sit around £2,500-£2,600 per month, with central zones considerably higher and outer boroughs offering better value. Demand is driven by professionals returning to city offices, international tenants, and families seeking long-term stability.Read More: How Much Are Letting Agent Fees for Landlords in 2026Step-by-step: how to let a property in London1. Prepare the propertyBefore marketing, make sure the home is safe and legally compliant. This includes:Annual gas safety certificateElectrical safety report (EICR) every five yearsValid Energy Performance CertificateSmoke and carbon monoxide alarmsClean, safe conditions suitable for tenantsLondon tenants expect a professional presentation. Small upgrades, stronger rents.2. Set the right rentUse local comparable listings rather than guesswork. Overpricing increases void periods; underpricing reduces yield. A realistic market valuation attracts serious enquiries immediately.3. Marketing and viewingsProfessional photography and clear listings on major portals generate faster interest. Viewings should be organised efficiently as London tenants move quickly when they find the right property.4. Tenant referencingReference checks protect landlords from payment risk. Verify employment, income, identity, and rental history. Right to Rent checks are legally required before a tenancy starts.5. Tenancy agreement and depositMost London landlords use Assured Shorthold Tenancy agreements. Deposits must be protected in an approved government scheme within the legal deadline. Inventory reports and check-in documentation reduce disputes later.Legal duties landlords must meet in 2026Anyone searching for “a guide to letting property in London” must follow English housing law at all times. Key responsibilities include:Annual gas safety certificationElectrical safety inspectionsEPC complianceRight to Rent checksDeposit protectionSafe living standardsFrom May 2026, tenancy reform changes will strengthen tenant protections and adjust rent review procedures. Landlords must ensure agreements and documentation are updated to match the new rules. Ignoring compliance can lead to fines, restrictions on eviction rights, and legal complications.Rent setting and yield expectationsLondon rents are high, but property prices are higher. Gross yields in the capital are often lower than in regional cities, yet investors benefit from strong long-term demand and capital stability.When letting property in London, focus on:Consistent occupancyReliable tenant profilesControlled maintenance costsLegal complianceStable income over time matters more than chasing unrealistic headline rents.Choosing good tenants and reducing voidsStrong tenant selection is one of the most important parts of letting. Financially stable tenants who plan to stay long term reduce turnover and management costs.Landlords should prioritise:Verified employment and incomeClear communicationResponsible rental historyProper referencingA carefully selected tenant often saves more money than a slightly higher rent from a risky applicant.Common mistakes landlords makeMany first-time landlords make avoidable errors:Skipping safety inspectionsUsing outdated tenancy agreementsMispricing the propertyIgnoring local licensing rulesDelaying repairsEach mistake increases financial and legal risk. Professional oversight prevents these problems before they escalate.Why do many landlords use a letting agent?Letting a property in London involves constant regulation, tenant communication, and property management. Many landlords choose a professional agentto:Handle compliance deadlinesMarket properties correctlyReference tenantsManage repairsReduce void periodsAn experienced agent protects income whilst saving time.FAQsHow do I let a property in London?Prepare the property, complete safety checks, set the correct rent, reference tenants, and protect the deposit. Compliance is essential from day one.What legal checks are required?Gas safety, electrical inspection, EPC, Right to Rent checks, and deposit protection are mandatory.Can I increase rent in 2026?Yes, but increases must follow legal procedures and updated tenancy reforms coming into force in May 2026.How long does it take to let a property?Well-priced London homes often let within weeks, sometimes days, depending on demand and condition.Do I need a licence to rent?Some London boroughs require selective or HMO licensing. Always check local council rules before advertising.How Cribs Estates can helpCribs Estates helps landlords let a property in London with confidence. We handle valuations, marketing, tenant sourcing, compliance, and full property management, ensuring your investment performs whilst meeting every legal requirement. Book a free lettings consultation with our team.

Property Market Predictions 2026 in the UK: What to Expect

What will the UK property market look like in 2026? For buyers, landlords, and investors, the picture is mixed: modest price growth, slowly easing mortgage costs, and stronger rents in many regional markets. But how should the landlords take it before making their property decisions? Here’s the answer: Quick headline predictions Modest UK house price growth of around 2-4% in 2026 (regional variation likely). Typical 2 and 5-year fixed mortgage deals are broadly in the mid-4% range. Private rents are rising, around 4-6% in many areas. Regulatory changes (from 1 May 2026) raise the compliance for landlords. Stronger performance outside London (Midlands, North West, regional cities). House prices: growth, big regional differences National averages give useful context: England’s mean house price was roughly £293,000 in late 2025. For 2026, most mainstream forecasters expect a gentle uplift rather than dramatic jumps. The story is regional: many northern and midlands cities show stronger growth prospects, while London may lag or recover more slowly. What this means: if you’re buying for capital growth, look beyond headline averages, examine local demand, planned regeneration, and transport links. For investors, yields matter more than small percentage price moves. Mortgage outlook and affordability Mortgage markets have started to ease from the 2024-25 peaks. Common fixed deals in early 2026 sit in the mid-4% area, which improves affordability compared with the highs. However, many homeowners and landlords face remortgage decisions as fixed deals expire this year, so timing and stress-testing are vital. Practical tip: if you have a deal ending in 2026, run numbers on both scenarios (rolling to SVR vs fixing). For buyers, prioritise lender product fees and the true monthly cost, not just headline rates. Rents: steady support for buy-to-let Rents have continued to rise across much of the UK. Private rent inflation has moderated from previous peaks but remains positive, broadly around 4-6% year-on-year in many areas. University towns, commuter suburbs, and regional cities with strong job markets will see the most reliable demand. For landlords, this means rental income can help offset higher borrowing costs in many markets, provided properties are well-maintained and compliant. Regulation and deadlines that will shape 2026 Two policy areas will be especially important this year: Tenancy law changes: effects of the Renters’ Rights reforms mean new procedures for rent increases, possession, and tenancy handling come into sharper focus from 1 May 2026. Landlords must update tenancy agreements and processes. Energy efficiency (EPC) rules: longer-term MEES targets make planned EPC upgrades essential. Even if deadlines are phased, budgeting and staged works should start now. These reforms are accelerating the professionalisation of the sector: more landlords will need structured compliance, better record-keeping, and trusted local managers. Where opportunities are likely to be best Regional cities (Manchester, Leeds, Birmingham): attractive for buyers and investors seeking growth and yield. Commuter towns: still a good play for buyers priced out of centres but wanting capital growth potential. University towns: steady rental demand from students and staff. Premium markets (Oxford, Cambridge, parts of London): stable but expensive, better for long-term holders than yield seekers. Choose a location based on objective markers (transport, jobs, schools, regeneration), not only on short-term hype. Checklist for 2026 Review upcoming remortgages and consider fixing rates where it makes sense. Schedule compliance checks (gas, EICR, EPC) and update tenancy paperwork. Reassess your portfolio: sell underperforming assets, invest in cost-effective upgrades for those you keep. Consider professional management if you lack time or local presence. Model worst-case cash flow (higher rates, voids) to ensure resilience. FAQs About Property Market Predictions 2026 Will house prices rise in 2026? Most forecasters expect modest rises (2-4%) nationally, though regional differences will be significant. Should I fix my mortgage in 2026? It depends on your personal situation; if your current deal ends soon, compare fixing vs the cost of rolling to SVR and stress-test affordability. Will rents keep rising in 2026? Rents are likely to rise modestly in many areas, supported by demand in regional cities and commuter towns. How Cribs Estates can help Cribs Estates offers market-led advice, compliance audits, and fully managed services to help buyers and landlords act proactively in 2026. Our team can review remortgage timing, plan EPC works, and provide a compliance check tailored to your portfolio.

Best Places to Buy Property in England in 2026

For anyone who dreams of buying property in England, this remains a reliable long-term investment strategy. It’s important to finalise the right location due to the rising house prices and mortgage rates. If you’re already searching for the best places to buy property in England in 2026, this guide will help you decide the outcome based on affordability, rental demand, transport links, employment opportunities, and long-term growth potential.What Makes a Location a Good Place to Buy?Before looking at specific areas, understand what makes a location attractive for buyers and investors. Key factors include:Strong transport connections to employment hubsConsistent rental demand from professionals, families, or studentsOngoing regeneration or infrastructure investmentA balance between purchase price and achievable rentAccess to schools, green space, and amenitiesEngland’s Broad Market ContextAcross England, the average house price was around £293,000 in late 2025, showing steady growth over the past year. These figures show consistent price rises in most regions and give a useful benchmark for comparing local markets.Whilst national averages provide context, property prices vary substantially by city, town, and region, and those differences often drive investment decisions.Manchester: Northern Potential with Growing DemandManchester remains one of the most attractive regional cities for property buyers and investors. According to official data, the average house price in Manchester was around £255,000 in late 2025.This is lower than the national average and offers good potential for both owner-occupiers and investors. Manchester has a strong economy, a growing tech and media sector, and rising rental demand from students and young professionals. Rental yields in many neighbourhoods remain competitive compared with more expensive regions.Read More: land registry feesLeeds: Affordability and StabilityIn Leeds, average house prices were about £209,000 in late 2025. This affordable price point, combined with consistent demand from local businesses, healthcare, and education sectors, makes Leeds a solid option for long-term property investment.Leeds also benefits from excellent rail connections to major cities and a growing cultural and economic profile, which supports ongoing interest from buyers.Birmingham: Growth and ConnectivityBirmingham, as England’s second city, combines strong employment prospects with ongoing regeneration. Whilst city-specific figures vary, Birmingham’s house prices are generally above the regional average and below London levels, making it a balanced choice for buyers seeking growth potential without London price tags.Its central location and investment in infrastructure continue to attract tenants and buyers alike.Read More: stamp duty changesCambridge: Premium MarketCambridge continues to command a premium. Official figures show average prices of about £490,000 in late 2025. Although this is significantly above the England average, Cambridge’s strong economy, world-class universities, and limited housing stock help support long-term value.Buyers prepared to pay a premium in cities like Cambridge may benefit from stable capital growth and consistent rental demand from students and professionals.Oxford: Academic Demand and High ValuesLike Cambridge, Oxford is one of the most desirable places to buy property in England. Average prices across the city remained at the higher end of the national spectrum in late 2025, reflecting strong demand from locals and international buyers alike.Oxford combines academic prestige with strong transport links and employment in education, research, and technology, supporting price resilience.Bristol: Culture and Economic StrengthBristol’s property market continues to outperform many regional cities, with average house prices around £343,000 in recent market assessments.The city’s lively economy, cultural scene, and accessibility to the South West and South East make it popular with both families and young professionals.Bournemouth and Other Coastal ChoicesCoastal lifestyle cities like Bournemouth also feature among the more expensive markets, with average prices around £324,000.These locations perform well for lifestyle buyers and longer-term residential demand, although rental dynamics differ from urban centres.Smaller Cities and Emerging AreasCities such as Leicester, where average prices were about £233,000 in late 2025, also offer value for money and growing local demand. Smaller cities or less expensive regions can be ideal for first-time buyers or investors seeking higher yields, especially when balanced with rental prospects.How to Choose Where to Buy?There’s no universal best place to buy property in England; the right choice depends on your goals:Affordability: Northern cities like Manchester and Leeds remain competitive for buyers entering the market.Growth potential: Cities with strong economies and regeneration (e.g., Birmingham, Bristol) offer prospects for capital appreciation.Premium markets: Cambridge and Oxford command higher prices but offer long-term stability.Lifestyle value: Coastal or university towns attract specific buyer profiles, from retirees to students.Rental vs Owner-Occupier DecisionsIf you’re buying as an investor, look beyond price alone. Consider rental demand, yield potential, tenant profiles, and local employment markets. Cities with universities, transport links, and diversified industries tend to have stronger, more consistent rental demand.How Cribs Estates Can HelpCribs Estates helps buyers and investors identify the right locations, assess rental demand, and make informed property decisions based on local market insight, long-term growth potential, and practical management considerations.Read More: letting agent fees for landlords

Professionalisation of the Buy-to-Let Market in 2026

The UK buy-to-let sector is changing quickly. What was once a market dominated by small, hands-on landlords is becoming far more regulated, structured, and professional. This shift, often referred to as the professionalisation of the buy-to-let market, is being driven by new legislation, rising compliance standards, and changing tenant expectations.As we move through 2026, landlords who adapt early are far better placed to protect rental income and avoid costly mistakes.What Does “Professionalisation” Mean in Buy-to-Let?It means operating a rental property in a business-like way. This includes keeping accurate records, meeting safety and legal obligations on time, managing tenants consistently, and often using professional agents rather than informal or DIY approaches.Landlords are increasingly treating buy-to-let as a long-term investment business rather than a side activity, especially as rules tighten and margins come under pressure.Why the Buy-to-Let Market Is Professionalising FasterSeveral changes are accelerating professionalisation across the UK rental sector.The Renters’ Rights reforms coming into effect from 2026 place more responsibility on landlords to follow correct procedures for rent increases, possession, and tenancy management. Informal practices that were once common are no longer acceptable.At the same time, energy efficiency rules are pushing landlords to plan upgrades properly. With minimum EPC standards tightening over the coming years, landlords need clearer budgeting, documentation, and long-term planning.Finally, lenders, insurers, and local councils are all placing greater expectations on how rental properties are managed, making professional oversight more important than ever.How Professionalisation Affects Landlords Day to DayFor landlords, the professionalisation buy to let market brings both challenges and opportunities.On the challenge side, compliance mistakes now carry greater risk. Missing a safety certificate, failing to protect a deposit correctly, or using outdated tenancy paperwork can result in fines or restrictions on letting.On the opportunity side, well-managed properties often perform better. Clear communication, quicker maintenance response, and proper tenant screening usually lead to longer tenancies and fewer disputes.Professionalisation is not about adding unnecessary complexity. It is about reducing risk and improving consistency.Compliance Is Now a Core Part of Buy-to-LetModern buy-to-let landlords must stay on top of several ongoing legal requirements throughout a tenancy. These include gas safety checks, electrical safety reports, energy performance standards, Right to Rent checks, and deposit protection.In a professionalised market, these are no longer treated as one-off tasks. They are monitored, recorded, and renewed on schedule. This structured approach is becoming the norm rather than the exception.Landlords who rely on reminders or ad-hoc management are far more exposed as enforcement becomes stricter across many councils.Read More: Property Management WimbledonDecision Time: Sell, Upgrade, or ProfessionaliseOne of the most important outcomes of professionalisation is that landlords must make clearer decisions about their portfolios.Some choose to exit the market if compliance costs outweigh returns. Others decide to upgrade properties, improve energy performance, and professionalise management to protect long-term value.There is no single right answer, but avoiding the decision altogether is rarely sustainable in 2026. Understanding costs, timelines, and local rental demand is now essential.What Tenants Expect in a Professionalised MarketTenants also play a role in the professionalisation buy to let market. Expectations around property condition, response times, and communication have increased.Professional management helps ensure repairs are handled promptly, documentation is clear, and tenancy terms are properly explained. This often leads to better tenant satisfaction and fewer issues during the tenancy.From a landlord's perspective, meeting these expectations is no longer optional if you want to remain competitive.What Professional Property Management DeliversProfessional property management supports landlords by handling the modern buy-to-let.This includes tenant communication, rent monitoring, maintenance coordination, inspections, compliance tracking, and up-to-date tenancy documentation. It also provides a buffer between landlord and tenant, which can reduce conflict and stress.As the buy-to-let sector professionalises, landlords increasingly rely on structured management rather than reactive problem-solving.How Cribs Estates Supports Professional LandlordsWe support landlords with structured letting and fully managed services, compliance guidance, safety scheduling, and practical day-to-day management. Our approach is designed to reduce risk, protect rental income, and ensure properties are managed in line with current regulations.Whether you own a single rental or a growing portfolio, our team helps you move forward with clarity rather than uncertainty.

Property search

Residential Lettings

Residential Sales

HMO

Commercial Sales Commercial Lettings

Price

Min price

Max price

Number of Bedrooms

Min bedrooms

Max bedrooms

Find properties