Low
High
New Renters per New Instruction
Foxtons - Lettings Market
There has been a 13% increase in the average number new
renters per new instruction in July, as the peak lettings season enters
full swing.
Last month East London saw the highest number of new renters per
new instruction with an average of 24. This generated the highest
month-on-month increase in new renters of any region across
London, 23% more in July than June.
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
-15%
13%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 11 11 1%
East 18 19 -9%
North 16 18 -12%
South 19 25 -24%
Surrey 11 15 -25%
West 16 26 -38%
Total 15 18 -15%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 16 14 13%
East 24 20 23%
North 20 17 20%
South 22 20 11%
Surrey 13 11 16%
West 15 15 -1%
Total 19 16 13%
Year-on-year
Month-on-month
2024 vs 2023
July vs June
4