Low
High
New Renters per New Instruction
Foxtons - Lettings Market
December 2024 saw a 30% month-on-month increase in new renters
per new instruction, rising to 15. Additionally, December 2024
outperformed December 2023, with a 7% uptick.
By the end of 2024, South London had recorded the highest average
of 19 renters per instruction, followed closely by East London with 18
renters per instruction.
New Renters per New Rental Instruction Over Time - Foxtons Network
0
5
10
15
20
25
30
35
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2021 2022 2023 2024
New Renters per New Rental Instruction by Foxtons Office Area - YTD
-11%
30%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 12 11 14%
East 18 21 -16%
North 16 18 -10%
South 19 23 -20%
Surrey 12 15 -17%
West 16 23 -30%
Total 15 17 -11%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 13 10 29%
East 15 11 35%
North 13 12 13%
South 21 15 35%
Surrey 11 10 12%
West 17 12 45%
Total 15 12 30%
Year-on-year
Month-on-month
2024 vs 2023
December vs November
4