Low
High
New Renters per New Instruction
Foxtons - Lettings Market
The ratio of new renters to new instructions fell from May's
levels; a decline between May and June had not happened since 2020.
However, at 17 renters per new instruction, there was only 1 less renter
than last June.
Central was the only region to increase in renter demand,
with 9% more in June. However, West and South continue to see the
highest demand, both having 25 renters per new 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
2020 2021 2022 2023
New Renters per New Rental Instruction by Foxtons Office Area - YTD
-9%
-5%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 11 12 -11%
East 19 22 -17%
North 20 23 -14%
South 27 29 -9%
Surrey 15 14 8%
West 26 25 4%
Total 18 20 -9%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 13 11 9%
East 16 20 -19%
North 20 20 -0%
South 25 27 -5%
Surrey 15 18 -18%
West 25 26 -5%
Total 17 18 -5%
Year-on-year
Month-on-month
2023 vs 2022
June vs May
4