Low
High
New Renters per New Instruction
Foxtons - Lettings Market
In July, we had an average of 21 rental applicants per new instruction,
which was 18% higher than June, but 12% lower than 2022 year to
date.
East London saw a 63% increase rising to 26 applicants per instruction,
becoming the second highest after South London which has an
average of 30 applicants per instruction in July.
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
2019 2020 2021 2022 2023
New Renters per New Rental Instruction by Foxtons Office Area - YTD
-12%
18%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 11 13 -16%
East 20 25 -19%
North 20 23 -16%
South 27 31 -11%
Surrey 15 15 -1%
West 26 27 -3%
Total 19 21 -12%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 13 13 3%
East 26 16 63%
North 20 20 3%
South 30 25 22%
Surrey 13 15 -9%
West 25 25 2%
Total 21 17 18%
Year-on-year
Month-on-month
2023 vs 2022
July vs June
4