Welcome to your June Newsletter

Welcome to your June Newsletter




Summer solstice property searches:

Property portals do not experience uniform traffic throughout the year. The data behind the biggest search platforms reveals a consistent seasonal pattern: browsing spikes sharply around the Christmas and New Year period, rises again through the spring, and reaches one of its most sustained peaks in June. The summer solstice, sitting at the centre of that peak, falls in a window when more people are actively engaging with property than at almost any other point in the year. Understanding why that happens, and what it means in practice, is useful for anyone with a stake in the market.

Why June generates such high search volumes
Several distinct buyer motivations converge in June and each of them generates search activity. Family buyers who need to move before the September school term are in the most urgent phase of their search. They have typically been looking since the spring, have a clear picture of what they need, and are now at the point of viewing and deciding. Their searches are purposeful, high-frequency, and concentrated in specific areas.

Alongside them are buyers who have been watching the market through the first half of the year and are ready to commit. The combination of improving weather, long days, and the social momentum of summer creates a psychological readiness to act that the grey months of January and February do not. Browsing a property portal after a long, warm June evening feels materially different from the same activity on a dark February night, and that difference in mood is reflected in engagement metrics.

Renters whose tenancy agreements commonly fall on anniversary dates that cluster in the summer are also active in June, assessing whether this is the year they make the step into ownership rather than renewing again. The longer days and generally positive sentiment of early summer make the decision feel more achievable.

What the data shows about June browsing behaviour
Rightmove has consistently reported that June is among the busiest months of the year for site traffic, with the period around the summer solstice producing some of the highest browsing figures recorded. Zoopla's annual data confirms the same pattern, showing that search volume in June routinely exceeds the monthly average by a meaningful margin. Crucially, June browsing is not purely aspirational. The conversion rate from search to viewing request and from viewing to offer is strong in June precisely because the buyers generating that activity have been in the market long enough to know what they want and are now in decision mode.

This is the distinction that matters most commercially. A Boxing Day browser is often someone with a vague intention to move at some unspecified point in the year ahead. A June browser is frequently someone who has been refining their search criteria for months, has a mortgage in principle, and is looking at your property as a genuine candidate rather than a passing consideration.

What it means for sellers
For sellers, the June browsing peak is the market coming to them in concentrated form. A property that is listed in the run-up to the solstice, or that has been on the market since the spring and is still available, sits in front of the highest volume of genuinely motivated browsers of the year. The properties that convert that traffic into viewings and offers are those with strong photography, accurate pricing, and clear, compelling descriptions.

Sellers who have been on the market for several weeks without achieving the traction they expected should treat June as a reset moment. Refreshed photography that captures the property in the best summer light, a pricing review against recent comparable sales, and a renewed focus on maximising viewing availability in the long evenings can all shift the dynamic meaningfully at a point in the year when the audience is at its largest.

What it means for buyers
For buyers, June's browsing peak is accompanied by one of the year's strongest tranches of new listings. Sellers who have been preparing through spring arrive on the market in May and June, which means the stock available for buyers to browse is at or near its annual high. The combination of more properties to consider and more time in the day to view them makes June one of the most genuinely productive months to be searching.

The practical implication is not to slow down the search in the assumption that summer will bring a quieter, easier market. June is busy because motivation is high on both sides. The buyers who prepare properly, hold a mortgage in principle, and are ready to act decisively when they find the right property are the ones who move in June. Those who are still getting organised are the ones who find the property they want already under offer.

The solstice as a natural deadline
There is a softer but real phenomenon worth acknowledging: the summer solstice functions as an informal psychological deadline for buyers and sellers who want to complete before the end of summer. Once the longest day passes, the implicit sense that the window is shortening begins to influence decisions. Sellers become marginally more open to negotiation on timing and sometimes on price. Buyers feel the pressure of the school year approaching. That convergence of motivations, playing out against the backdrop of the highest browsing volumes of the year, is what makes the period around 21 June one of the most commercially significant in the entire property calendar.

Buying or selling this summer? Talk to our team today



Gifting property deposits:

In 2025, parents and family members contributed to about half of all first-time buyer purchases in the UK, either through outright gifts, loans, or acting as guarantors. That figure is a direct reflection of how difficult it has become to accumulate a deposit independently when house prices remain high relative to starting salaries in most parts of the country. For many first-time buyers, family support is not a shortcut. It is the only realistic route onto the ladder. But the process of gifting a deposit is more involved than simply transferring money, and parents who approach it without the right preparation can inadvertently slow or complicate the purchase at a critical stage.

What mortgage lenders require
Every mortgage lender will ask about the source of a buyer's deposit, and where any part of it comes from a family member, they will require a formal gift letter. This is a signed document confirming that the money is a gift rather than a loan, that no repayment is expected or required, and that the person providing the funds has no interest in the property being purchased. Lenders are required by regulation to verify the source of deposit funds as part of their anti-money laundering obligations, and an informal transfer with no accompanying documentation will not satisfy that requirement.

The gift letter must typically include the full names and addresses of both the donor and the buyer, the amount being gifted, a clear statement that it is a gift and not a loan, confirmation that the donor has no stake in the property, and the donor's signature. Many lenders also require evidence of where the funds originated before they were gifted, which means the parent may need to provide their own bank statements showing the money leaving their account.

It is worth asking the mortgage broker or lender exactly what documentation is required at the outset to avoid delays later in the process.

Is it a gift or a loan?
This distinction matters more than some parents initially appreciate. If a parent intends to be repaid, even informally and without a written agreement, this constitutes a loan in the eyes of a mortgage lender, not a gift. A loan affects the buyer's affordability assessment because it represents an ongoing liability, and declaring it accurately is a legal requirement. Misrepresenting a loan as a gift on a mortgage application is mortgage fraud, a serious matter with significant consequences for both the buyer and the parent involved.

If a parent wants to provide funds as a loan rather than a gift, this needs to be declared to the lender, who will factor the repayment into their affordability calculation. Some lenders will not accept gifted deposits from parties other than immediate family members, and a small number will not accept them at all for certain products. Checking the specific lender's policy early in the process, rather than assuming all lenders treat gifts identically, is an important step.

Tax considerations for parents
Gifting money to a child is generally straightforward from a tax perspective, but there are details you should be aware of. In the UK, an individual can give up to £3,000 per tax year free of inheritance tax under the annual exemption. Amounts above this may be subject to inheritance tax if the donor dies within seven years of making the gift, under the potentially exempt transfer rules. The seven-year threshold is the key figure: if the parent survives for seven years after making the gift, no inheritance tax applies regardless of the amount.

For gifts that are part of normal expenditure from income rather than capital, additional exemptions may apply, but these are assessed on a case-by-case basis. Parents gifting significant sums from savings, inheritance, or the proceeds of a property sale should consider taking brief advice from an accountant or solicitor to ensure the gift is structured in a way that is tax-efficient for their estate.

Timing and the mortgage process
The timing of a gifted deposit matters practically. Mortgage lenders will request bank statements covering typically the past three to six months, and a large unexplained transfer into a buyer's account during that period will require explanation. The cleanest approach is to transfer gifted funds in good time before the mortgage application, ideally several months in advance, so that the money is clearly visible as an established balance rather than a recent arrival. Where this has not happened, a clear paper trail showing the gift, accompanied by the required letter, will still satisfy most lenders, but it requires prompt and organised documentation.

What parents should consider before committing
Gifting a significant sum to a child is an irreversible financial decision, and parents should feel confident in their own financial security before doing so. Retirement savings, pension provisions, and the potential costs of care in later life are all relevant considerations. A gift that stretches a parent's own finances in ways they have not fully considered is rarely in anyone's long-term interest. The conversation between parent and child should cover not just the practical mechanics of the transfer but the broader context of what both parties can realistically afford.

Done with proper preparation, a gifted deposit is one of the most meaningful and commercially straightforward ways a parent can support a first-time buyer. Done without it, it introduces delays and complications into a process that is already demanding enough.

Talk to our team about the next steps



Renters' Rights Act: Your June action plan

The 1 May 2026 implementation stage has passed, bringing some of the most significant changes to tenancy law in England in a generation. Fixed-term assured shorthold tenancies have now transitioned to the new periodic tenancy framework, Section 21 has been abolished, and a new set of rules now governs how landlords manage rent increases, possession, and tenant relationships.

But the work does not stop at the implementation date. Several important obligations and deadlines fall in May and June, and landlords who treat the transition as complete risk falling foul of requirements that remain in force.

The information sheet deadline: 31 May 2026
One of the most immediate post-implementation tasks is the distribution of the government's Renters' Rights Act Information Sheet 2026 to all existing tenants. Current transitional guidance indicates that the information sheet is expected to be provided to all named tenants during the implementation period, either as a physical copy or electronically, for example via email. Simply sharing a web link may not satisfy the requirement.

This is not an optional step. Current transitional guidance indicates that all named tenants should receive their own copy of the information sheet during the implementation period. If your tenancy was based entirely on a verbal agreement rather than a written one, landlords are also expected to provide tenants with a written record of the agreed terms. Check your portfolio now, identify every tenancy to which this applies, and ensure distribution is completed promptly.

Section 21 notices served before 1 May: act before 31 July 2026
If you served a Section 21 notice before the 1 May implementation date, that notice remains valid, but time is limited. Under the transitional arrangements, court proceedings relating to a Section 21 notice served before 1 May 2026 must generally begin by 31 July 2026. After that date, the notice cannot be relied upon, and you would need to pursue possession through Section 8 grounds instead.

If you have an active Section 21 notice and intend to proceed with possession, take legal advice promptly and do not allow the July deadline to pass without action.

Student landlords: a specific transitional window
If you let to students, a specific transitional provision applies during this period. Between 1 May and 30 July 2026, student landlords can use Ground 4A to give two months' notice to regain possession. This measure has been put in place to support the student lettings cycle ahead of the 2026/27 academic year. If you need to use this ground, the notice must be served within the window. Check the specific requirements carefully before serving notice under Ground 4A.

Rent increases: process matters
Any rent increase you implement from 1 May 2026 must go through the formal Section 13 process. This requires completing the relevant government form and giving each tenant at least two months' written notice. In most cases, contractual rent review clauses are expected to be superseded by the new Section 13 process for rent increases.

If you are planning a rent review in the coming months, map out when notices need to be served in order to meet the two-month requirement, and ensure every named tenant receives their own individual copy of the form.

Record-keeping is now a compliance issue
Local authorities have enhanced powers to investigate and enforce compliance, including the ability to issue financial penalties where landlords or agents fail to meet their obligations. This makes thorough record-keeping not simply good practice but a direct line of protection. Ensure your safety certificates are current, deposit protection is documented, tenancy terms are in writing, and all communications with tenants are retained and accessible.

Looking further ahead
A later phase of implementation is expected to introduce a mandatory national landlord database requiring private landlords to register, followed by the landlord ombudsman scheme. These are not distant concerns. Keeping pace with the rollout from this point onwards requires ongoing attention rather than a one-off adjustment.

Propertymark has emphasised that robust record-keeping, clear communication, and early action are essential during the transition, and that any failure to comply with the new requirements could result in significant financial penalties. As the rollout continues, this remains an important period for landlords and agents to review processes, update documentation, and ensure compliance requirements are being met.

Need help navigating the new rules? Talk to our lettings team today.