Rental arrears hit three-year low as sales activity holds steady – Propertymark

1.7% of member agents reported problems with arrears in October, the lowest level since October 2022, according to the Housing Insight Report from Propertymark covering October 2025. 

An average of 59 new prospective buyers registered per member branch in October.

Sales agreed per branch saw a small rise, with an average of 7.8. 

Around 8.4 homes were placed for sale per branch, and 19 market appraisals were carried out on average.

The average number of new tenancies agreed per branch was 13.26. 

Void periods averaged 3.4 weeks. 

Rents stayed mostly stable, with 52% of agents reporting no change, 30% seeing a fall, and 17% noting an increase.

Nathan Emerson, CEO at Propertymark, said: “These latest figures present a broadly encouraging picture as we move through the final quarter of 2025. 

“While the number of new prospective buyers per branch dipped slightly in October, sales activity has held firm, with agreed sales edging up to an average of 7.8 per branch. 

“This demonstrates that serious buyers remain committed and that well-priced, well-presented homes are continuing to attract strong interest.”

Emerson added: “On the lettings side, it is particularly positive to see arrears reported at their lowest level since October 2022. 

“This signals growing stability and resilience within the rental sector, even against a backdrop of long-term supply challenges. 

“With more than half of agents reporting static rents and nearly a third observing modest declines, the data suggests the rental market may be beginning to find a more sustainable balance.”

He said: “Overall, these trends point to a market that is settling, strengthening, and gradually moving into a more predictable rhythm which is welcome news for agents, landlords, and consumers alike.”

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