Low
High
New Renters per New Instruction
Foxtons - Lettings Market
The average number of applicants per instruction increased from 15 in
May to 16 in June. Although there is a 17% decrease year on year, the
drop from June 2023 to June 2024 is minor, from 17 to 16 applicants.
Central London saw a significant 23% month-on-month increase,
rising from 11 to 14 applicants 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
-17%
11%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 11 11 -4%
East 16 18 -10%
North 16 18 -15%
South 19 25 -25%
Surrey 11 15 -29%
West 17 26 -37%
Total 15 18 -17%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 14 11 23%
East 20 19 6%
North 17 17 -5%
South 20 17 18%
Surrey 11 11 1%
West 15 16 -3%
Total 16 15 11%
Year-on-year
Month-on-month
2024 vs 2023
June vs May
4