Power BI Desktop
Renter Spend
Average % of Rental Budget Spent
Foxtons - Lettings Market
Average % Renter Budget Spent on Rent Over Time - Foxtons Network
90%
95%
100%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019 2020 2021 2022
There was a notable increase in the proportion of budget that
renters were willing to spend to secure a property. In September
2022, renters spent 101% of their registered budget, an increase of
3% from August 2022.
The largest monthly increases were in the Central and West
regions, where the proportion of applicant budget spent was 4%
higher in September 2022 than in August 2022.
Average % Renter Budget Spent on Rent by Area
Areas
YTD Last YTD YoY Last Month 2 Months Ago MoM
Central
East
North
South
Surrey
West
99%
97%
96%
97%
99%
97%
96%
94%
93%
95%
95%
95%
3%
3%
4%
2%
4%
2%
103%
99%
98%
101%
102%
100%
99%
96%
97%
98%
103%
96%
4%
3%
1%
2%
-1%
4%
Total 98% 95% 3% 101% 98% 3%
61%
32%
8%
Under Budget Over Budget On Budget
% of Renter Budget Spent by
100% means renters are spending exactly their budget. Anything over 100% means renters
are spending over budget. Under 100% means renters are spending under budget.
3%
3%
Year-on-year
Month-on-month
2022 vs 2021
September vs August
Category - YTD 2022
8