Properties to Rent in London from Private Landlords (2024)

FAQs

Why is renting in London so hard at the moment? ›

Last year, the UK rental market neared boiling point as tenants returned to cities after the pandemic. Now, the cost of living crisis has pushed costs higher still, as the housing supply dwindles. The average London rent for a room in a house share has hit a record high of £935, a 22 percent increase on last year.

The best renting websites in the UK and London are Zoopla and Rightmove. While there are other fantastic apps listed in this article, the vast majority of estate agents will use these two sites. They are easy to use and have downloadable apps to help you move home.

The average rent in London is now £2,121 per month after +4.2% growth in the last year. The cheapest average rent is in Bexley (£1,520) and the highest average rent is in Kensington and Chelsea (£3,459), although rental increases are slowing in the most expensive parts of the city.

Your landlord can suggest any amount of rent increase. There are no rent controls in a private tenancy unless you're a regulated or protected tenant. Check your tenancy agreement for a rent review clause. This might say how much your rent can go up by.

Use Rightmove.co.uk or Flats to rent in London or Google a London letting agent. If you rent through an agent, you will have more options for recourse than if you rent privately. That said, your best bet is probably to get a very short let (a month or so) with an option to extend if you like the place.

Bexley, located in the suburbs of southeast London, is recognised for its affordable costs and communal living, as well as being one of London's safest neighbourhoods.

Can you negotiate rent in London? ›

In conclusion, negotiating rent for a flat in London requires thorough research, timely action, and effective communication. By presenting a strong case, proposing reasonable offers, and showcasing your commitment, you can increase your chances of securing a fair rental agreement.

The question of whether you can live in London with £1,000 a month largely depends on various factors, including your accommodation, lifestyle, and financial management. But the short answer, is this: It's gonna be tough. Don't be discouraged, though! If you're determined, you can make it work.

There are also significant regional differences when it comes to general living expenses such as travel, food and childcare. It's thought that a single person living in London will need around £1,500 per month to cover their living expenses and just over £1,200 in Manchester.

Can I live in London with £500 per month after rent and bills? I know a lot of people who would be extatic at that. Over £100 a week. It's not a nice existence but that's liveable.

London's Sky-High Home Rents Finally Growing Slower Than Wages. London's home rental crisis showed early signs of easing after a surge in available properties led to the joint-smallest increase in advertised rents across Britain.

Because housing in the UK is so expensive. If the landlord has a valuable house, they will need to make more money from it than they would get by selling it and investing the proceeds. And the price of housing, rented or owned. is high because of, as others have said, supply and demand.

Finding a place to rent in London can be an exhausting process. However, you can ease the stress by knowing exactly what you are looking for and by keeping yourself organised throughout the process. Register with Hudsons Property for the best rental properties in the West End in 2024.

London & Prime London rental market

Official data signals that rental growth peaked at 6.9% in November, falling to 6.8% in December in the London market. In prime London, rental growth peaked in September 2022, and the annual rate of growth has been easing since then, to 4.4% in Q4 2023.