Landlords are operating in a very different environment from a few years ago.

 

Demand for rental homes remains active, but the market is not simply about achieving the highest possible rent. Tenants are cost-conscious, regulations have changed, and landlords need to be more organised than ever.

 

The latest ONS data shows that average UK monthly private rents increased by 3.5% to £1,381 in the 12 months to April 2026. This was slightly higher than the 3.4% annual rise recorded in March. Average rents reached £1,438 in England, £834 in Wales and £1,019 in Scotland.

 

This shows that rents are still rising overall, but landlords should be careful not to rely only on national figures. Rental performance varies by property type, condition, local supply, tenant demand and affordability. A well-maintained property at a realistic rent can still attract strong interest, while an overpriced or poorly presented home may take longer to let.

 

Affordability is one of the biggest themes for tenants. Many renters are balancing rent with energy bills, transport, food costs and other household expenses. That means value matters. Tenants are not just asking whether they can afford the rent today. They are asking whether the home feels worth the monthly commitment.

 

For landlords, this makes presentation and maintenance important. Clean décor, reliable appliances, good heating, effective ventilation, tidy outdoor space and clear communication can all improve tenant confidence. Small improvements may help reduce void periods and support longer tenancies.

 

The legal landscape has also changed. The Renters’ Rights Act 2025 began applying from 1 May 2026, and government guidance says landlords or their agents must have provided tenants with the official Information Sheet by 31 May 2026 or risk a fine of up to £7,000.

 

The House of Commons Library has also noted that landlords do not need to reissue existing written tenancy agreements, but they did need to provide tenants with the government Information Sheet explaining the new tenancy rules. For new tenancies starting on or after 1 May 2026, landlords must provide written information about the key terms of the tenancy.

This makes July a sensible time to check compliance. Landlords should review whether the correct information has been provided, whether safety certificates are up to date, whether deposits are protected properly, and whether tenancy records are clear.

 

It is also worth reviewing your longer-term strategy.

 

Some landlords are deciding whether to continue letting, improve their property, refinance, or adjust rent. Others are focused on retaining reliable tenants. In many cases, keeping a good tenant can be more valuable than pushing rent too aggressively and risking a void period.

 

If a property is due to become vacant this summer, preparation should start early. Check for repairs, refresh tired areas, arrange photography, review comparable rents and ensure all documents are ready before marketing begins. The smoother the launch, the better the chance of attracting suitable tenants.

 

Landlords should also think about energy performance and future-proofing. Tenants are increasingly aware of running costs, and homes that feel efficient, warm and well maintained may have an advantage.

 

The current landlord landscape is more regulated, more data-led and more focused on tenant experience. That may feel challenging, but it also creates an opportunity for landlords who take a professional approach.

 

A successful rental property in 2026 is not just one that lets quickly. It is one that is compliant, well presented, fairly priced and managed with care.

 

If you need more help, guidance or advice about letting out your property, please don't hesitate to get in contact with our lettings team. We'd be more than happy to help!

01305 824455

LETTINGS@COCOPROPERTY.CO.UK

91 Fortuneswell, Portland DT5 1LY

18a High West Street, Dorchester, DT1 1UW