UK property market update – What June’s data means for Malaysian investors

If you’ve been keeping an eye on the UK property market from Malaysia, June 2026 has been quite a wild ride of sunshine, football and shifting numbers. Rightmove just revealed that the average asking price across the UK dipped by 0.6%, making the biggest June drop seen in 14 years. Now, why the sudden drop? Sellers are aggressively competing for attention, as market activity is further influenced by seasonal conditions.

But do not fall for the headlines. For smart Malaysian investors, this opens up some seriously beneficial opportunities, especially in London.

London holds its own and picks up speed

While the rest of the country sees minor price dips, London is proving as tough as ever, with prices nudging up 0.3% year-on-year. Buyers aren’t hanging around either; houses are being snapped up in just 68 days on average, compared to the average of 89 days back in January.

Prime spots are leading the charge. If you popped by our recent property showcase in Malaysia for The Orien at The Green Quarter, Sutton Garden Square or Angel Village, you already know that location is absolutely everything. Here is how London’s top-performing boroughs shaped up this month:

The Ringgit advantage: Why now

For Malaysian investors, the broader financial landscape is moving in your favour. The Bank of England held its base rate steady at 3.75%, and inflation is sitting comfortably at 2.8%. More importantly, mortgage rates are finally easing, with average two-year fixed rates dropping to 5.07% from 5.18%. This means better affordability and direct monthly savings on your borrowing costs.

A landlord’s dream: London’s busy rental scene

If you are looking for steady, long-term returns, London remains one of the most popular cities to monitor. Zoopla highlights that it is the only UK region witnessing a 6% jump in rental demand. It is a solid case of low supply, with a quarter fewer homes available than before the pandemic, meeting high demand, as locals rent for longer while mortgage rates settle.

Average monthly rent in the capital has reached £2,294, which is a massive 66% higher than the rest of the UK. Essentially, for your peace of mind, local salaries are growing at twice the pace of rent rises, signifying tenants can comfortably keep up, making your investment secure.

Effortless hands-free investing

Looking for UK properties from Kuala Lumpur can make you feel restless, especially with the new Renters’ Rights Act coming into play last month. That is where we step in!

With 21 branches across London and a dedicated team on the ground in Malaysia, Benham and Reeves offers a full-fledged, hassle-free service. From managing legal complexities to finding premium tenants, we take care of it all. Get in touch with our Malaysia office today for a private consultation to take off your London property journey today.