
London rents near £2,300 as international tenant base drives guarantor demand, study finds
Zero Deposit analysed average monthly rental values across London and the wider UK between May 2024 and May 2026.

Zero Deposit analysed average monthly rental values across London and the wider UK between May 2024 and May 2026.

Foxtons said improving supply and recovering renter demand helped support more balanced lettings market conditions in April ahead of the implementation of the Renters’ Rights Act.

Foxtons has reported a 5% rise in lettings revenue in Q1 2026, offset by a 35% drop in sales amid weaker market conditions.

Renter budgets hold steady while new listings rise and competition eases.

Foxtons reported 5% revenue growth to £172.5m in 2025 as lettings expansion and acquisitions helped offset a challenging sales market.

Foxtons data shows applicant registrations rose 93% month on month in January, while new renters per instruction fell 12% compared with a year earlier.

Foxtons data indicates improving supply and easing pressure on renters in December, despite continued competition across the capital.

Build to rent planning activity is losing momentum outside London, while the capital continues to see growth, according to new analysis from Foxtons.

Developers have started offering ‘Track Record’ mortgages for new-build homes, allowing eligible buyers to purchase with 0% deposit.

Foxtons reports steady rental supply, a seasonal dip in rents and easing market competitiveness across London in October.

Foxtons has reported a 7% year-to-date revenue increase to £135.1m, with strong Lettings performance offsetting weaker Sales activity ahead of the delayed Autumn Budget.

Foxtons has reported a 32% drop in rental demand across London in September, reflecting a seasonal slowdown, with rents reaching their highest September level in four years.
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