The rental market remains active in May 2026, but conditions are changing. Demand is still strong, rent growth has eased, and tenant expectations are rising. Here is what landlords should be thinking about now.

The UK housing market continued to shift in favour of buyers throughout May, as transaction levels softened slightly and supply continued to outweigh demand in many areas. While headlines may focus on small percentage changes, the underlying story is far more significant.

Andy Burnham is facing increasing pressure to support the introduction of new council tax bands for higher-value homes. These proposals are part of a wider effort to modernise a system many believe no longer reflects today’s property market.

In recent weeks, we’ve seen a noticeable shift as major lenders begin reducing mortgage rates, signalling a change in momentum after a period of uncertainty. With swap rates easing and lenders keen to attract business, the landscape is becoming increasingly favourable but also more complex for buyers and homeowners. What can this mean for you?