Low
High
New Renters per New Instruction
Foxtons - Lettings Market
The number of applicants per new instruction has decreased 12% in
2024 year to date, and as the peak lettings season drew to a close,
there was a 24% reduction from September to October 2024.
Central London, contrary to other areas, has seen an 11% increase in
applicants per new instruction compared to 2023.
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
-12%
-24%
New Renters per New Instruction by Area
Areas
YTD Last YTD YoY
Central 12 11 11%
East 18 22 -15%
North 17 19 -11%
South 19 24 -22%
Surrey 12 15 -19%
West 16 24 -32%
Total 16 18 -12%
New Renters per New Instruction by Area
Areas
Last Month 2 Months Ago MoM
Central 8 13 -37%
East 13 20 -35%
North 15 19 -20%
South 15 17 -12%
Surrey 18 11 66%
West 13 15 -14%
Total 12 16 -24%
Year-on-year
Month-on-month
2024 vs 2023
October vs September
4