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The Renters’ Rights Act became law on 27 October 2025 and marks the most significant change to the private rented sector in more than three decades. With the first major phase of implementation set for 1 May 2026, landlords in Westminster and Pimlico will need to prepare for a new tenancy structure and updated possession rules while continuing to manage properties to the highest standards.
At Tuckerman we work closely with landlords across SW1 and understand how important clear forward planning is in a market characterised by long term ownership and strong tenant demand. This guide explains what is changing, when it changes, and the steps landlords should take now.
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October has delivered a reassuring message for homeowners and landlords in Pimlico and Westminster: the market is not only active but showing signs of quiet resilience as we approach the year’s final quarter. While price growth remains modest, buyer and tenant engagement continues to reflect the enduring pull of this historic SW1 postcode. If you're considering a sale or let before year-end, read on to understand what’s moving the market — and how to position your property for success.
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September brought a cautious return to activity in Pimlico and Westminster, with signs of seasonal movement but fewer decisive outcomes than in previous years. While there was a clear increase in enquiries and new listings after the summer holidays, many buyers have taken a more measured approach. The lettings market, by contrast, remained highly competitive, with rents continuing to hold firm. Below, we explore the latest performance across both sectors and what this shifting mood means as we approach the final quarter of the year.
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From 24 November 2025, most privately rented homes in 15 Westminster wards will legally require a Selective Licence. Applications opened on 1 October 2025, and the scheme will run for five years, ending on 23 November 2030.
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August brought a measured pace to the Pimlico and Westminster property market, with both sales and lettings remaining active but showing signs of seasonal cooling. While summer holidays typically lead to a slower rhythm, underlying demand has remained encouragingly firm.
Serious buyers and tenants have stayed in the market, while sellers and landlords who priced competitively continued to achieve strong outcomes. If you are based in SW1, here is what you need to know about the latest market performance — and what to expect as we move into the autumn.
