Power BI Desktop
Renter Spend
Average % of Rental Budget Spent
Foxtons - Lettings Market
Average % Renter Budget Spent on Rent Over Time - Foxtons Network
90%
95%
100%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020 2021 2022
As applicant budgets decreased slightly in August, so did the
percentage of the budget spent to secure a property. Renters spent
98% of their budgets, 1% down from the previous month, but still
3% higher compared to last year.
In Central London, renters spent 99% of their budgets, a 2%
increase when compared to July, further confirming prime Central
London's desirability.
Average % Renter Budget Spent on Rent by Area
Areas
YTD Last YTD YoY Last Month 2 Months Ago MoM
Central
East
North
South
Surrey
West
99%
97%
96%
97%
99%
96%
95%
94%
93%
95%
95%
95%
3%
3%
4%
2%
4%
2%
99%
96%
97%
98%
103%
96%
97%
103%
98%
97%
96%
98%
2%
-7%
-1%
2%
7%
-2%
Total 97% 95% 3% 98% 98% -1%
62%
31%
7%
Under Budget Over Budget On Budget
% of Renter Budget Spent by
100% means renters are spending exactly their budget. Anything over 100% means renters
are spending over budget. Under 100% means renters are spending under budget.
3%
-1%
Year-on-year
Month-on-month
2022 vs 2021
August vs July
Category - YTD 2022
8