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London rents slide as landlords adjust to new market reality

London’s tenants are seeing rent prices fall with three firms highlighting the trend – and how landlords are responding.
Estate agent Chestertons reports a significant increase of 125% in landlords lowering their asking rents, with some are…

Build to Rent homes surge in popularity and market share

Build to Rent (BTR) homes are becoming increasingly attractive to renters and investors, as new data from Foxtons shows that they now represent 2% of the UK’s private rented sector (PRS) and 4.2% of London’s PRS.
The lettings and estate age…

London property beats most investments in 10-year returns, Foxtons says

Foxtons has revealed that the capital’s residential property market has delivered one of the best returns over the last 10 years, second only to Bitcoin and gold.
The lettings and estate agents compared the performance of London property with nin…

The UK’s fastest-growing letting agent revealed

Foxtons, the largest sales and lettings estate agent brand in London, has ended 2023 with remarkable success, the latest industry data reveals.
According to TwentyCi, which analysed the performance of UK sales and lettings agents from 1st January to 12…

Renters in London see an 8% annual rise in rents

Rents in London have increased by 8% year-on-year, with the average rent now at £582, Foxtons reveals.
The estate agent also highlights that despite the year-on-year increase, the average rent price decreased by 3% in November.
Foxtons has analysed Zoo…

London’s rental market sees more supply and less competition

London’s rental market is showing signs of recovery after a pandemic-induced slump with news that the supply of new rental listings grew steadily in September, up 10% year-on-year.
That’s according to estate agents Foxtons, which also warns…

Renters in London see rents soar by 11% in a year

According to Foxtons, the average weekly rent for tenants in London last month was 11% higher than in August 2022, with rental prices remaining high for the third consecutive month.
The average rental price has shown little change since June.

15 tenants compete for every London rental home

The renting situation in London for tenants is laid bare with figures highlighting that 15 renters are competing for every new property, one firm says.
The figures come from Foxtons and their rental index which shows that the number of tenants competin…

London’s rental prices reach record high weekly price

New figures show that London’s rent prices have reached record highs, as rising interest rates and lack of supply put pressure on rents, Foxtons reports.
In October, rents reached a new record high of £571 per week, exceeding the previous high of £553 …

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