The most and least renter-friendly boroughs in London

London’s most and least renter-friendly boroughs have been revealed in a new analysis by Property Investments UK, which assessed factors such as tenant satisfaction, affordability, and the availability of rental properties.

Tower Hamlets ranked as the most renter-friendly borough, boasting 89,513 rental properties. However, tenant satisfaction stood at just 69 per cent. The borough’s high rental demand is largely driven by its significant student population and extensive transport network, with 582 transport stops making it a prime location for commuters.

Robert Jones from Property Investments UK commented, “Tower Hamlets remains a thriving rental hotspot, especially among students and young professionals. Its close proximity to Canary Wharf and excellent transport connections enhance its appeal, though affordability remains a growing concern for long-term renters.”

Hackney followed closely behind, with 77,351 rental properties and a tenant satisfaction rate of 64 per cent. Despite having 444 transport stops, its affordability ratio of 13.66 poses a challenge for renters.

Mr. Jones added, “Hackney’s vibrant social scene and creative industries make it a popular choice for young professionals. However, the rising cost of living may force renters to explore more affordable options in nearby boroughs.”

Westminster also emerged as a highly sought-after rental location, offering 68,159 rental properties and benefitting from a large student population and 693 transport stops. However, with a house-buying affordability ratio of 18.04, homeownership remains out of reach for many residents.

Conversely, Havering and Bexley were identified as the least renter-friendly boroughs.

Havering, home to 29,921 rental properties, recorded a tenant satisfaction rate of 65 per cent. However, its limited transport links and absence of a university presence make it less attractive to renters who require more connectivity.

Bexley, with 28,620 rental properties, had even lower tenant satisfaction at 53 per cent, alongside a lack of amenities catering to renters.

Mr. Jones explained, “Havering offers strong employment opportunities and affordability, making it a preferred choice for families looking to buy rather than rent. Similarly, Bexley’s lower property prices attract first-time buyers rather than renters.”

Other boroughs that ranked among the least renter-friendly included Bromley, Sutton, and Richmond upon Thames.

Highlighting the broader trend, Mr. Jones warned, “For many Londoners, renting is becoming a long-term reality. Rising house prices and mortgage rates continue to outpace wage growth, making homeownership increasingly difficult. Coupled with inflation and high living costs, renters are finding it harder to save for a deposit, sustaining high rental demand across the capital.”