Low
High
New Renters per New Instruction
Foxtons - Lettings Market
The ratio of new renters to new instructions stood at 12 renters per
instruction this November, a 9% decrease compared to October.
Notably, South London exhibited the highest number of renters per
instruction with a year-to-date average of 25. On a month-on-month
basis, South London saw a 10% increase, rising from 15 to 17.
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
-21%
-9%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 11 15 -26%
East 22 28 -21%
North 19 23 -21%
South 25 30 -18%
Surrey 15 16 -5%
West 23 31 -24%
Total 18 23 -21%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 7 9 -20%
East 17 18 -5%
North 11 13 -18%
South 17 15 10%
Surrey 8 8 8%
West 15 17 -9%
Total 12 13 -9%
Year-on-year
Month-on-month
2023 vs 2022
November vs October
4