London Property Market Update | May 2026 - London property prices rebound as buyer demand strengthens

London's property market showed renewed momentum in May, with asking prices rising, buyer confidence improving, and Prime Central London continuing to attract strong international demand. As mortgage rates ease and inflation falls, both buyers and investors are finding new opportunities across the capital.

In this month's update from Knightsbridge, we explore the latest trends in house prices, mortgage rates, rental growth, and the continued appeal of London property as a long-term investment. We also discuss the impact of the Renters' Rights Act and what landlords need to know moving forward.

Speak to our Singapore office today to learn more about how current market conditions affect you as an international homebuyer.

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London property valuation

Having a Singapore office is very helpful to me

Having a good letting and management agent for properties in London is imperative, particularly when I am living overseas. Benham and Reeves are the only agent to have a local representative in Singapore which makes it easier as there is always someone professional and helpful to speak to in local time. Having dealt with different agents previously, I have no hesitation to say that Benham & Reeves are the most professional and efficient estate agents that I have so far dealt with.

D Sandhu

Singapore office avoids overseas phone calls

Being an overseas landlord, Benham and Reeves Residential Lettings have made it easy for me to deal with my properties in Central London. The fact they have an office here in Singapore means I can speak to my agent in local time and avoid making expensive overseas phone calls.

Mary Lee

Constant good communication

What I like about your company is the various touch points I have access to even though I do not reside in London. As you have a Singapore office here who is constantly updating me on matters concerning my rental property and you have Lisa-Jane who is physically on the ground securing renewal contracts for my Knightsbridge property and anything that arises immediately.

B Choo

Personal touch makes you different

I was well informed and they handled everything for me. What I enjoy most is their personal touch and this quality of service is what makes them different. 'Benham and Reeves also get good tenants, who pay on time!!'

Anon

Not regretting leaving my previous agents!

I am VERY pleased with the service level so far provided by your company. I am not regretting at all moving away from the previous agents. Keep up the great partnership. Kensington High Street, here we come!

L Seah

Excellent local support

Lynne Geeves and Mary-Ann Loresto at the Singapore office have been excellent in providing local support.

Allister & Adeline

Great local service

This is to tell you that we are happy with the service we received from your Singapore and Ealing offices. Special mention for Mr Kevin Loo, Client Manager here in Singapore. He is so kind and helpful to come over to my place to advise and help us with the DocuSign procedure. We are very happy and much appreciate his prompt attention for our property lease in London.

Ms J Hiew

A good professional service

Just letting you know, we have had such a good experience with your company with support from both the Singapore and London offices. Kevin, at your Singapore office has been prompt and efficient in dealing with our rental property needs. We hope to continue the relationship and look forward to more, good professional service.

S Zaheer

An efficient service

I would like to thank all at Benham and Reeves for the help and work they have done over the years looking after my rental property in Hampstead. Living in a different country for a large part of this time I would not have been able to manage without the efficient service you have provided.

M Swinney