Buy-to-let Property News, Market
Foxtons: London rental competition hits 2026 high
Foxtons’ August index records 24 London renters per new instruction, its highest competition reading of 2026, after activity spread across July and August.
Foxtons’ August index records 24 London renters per new instruction, its highest competition reading of 2026, after activity spread across July and August.
Foxtons says Renters’ Rights Act disruption wiped £3 million from lettings revenue and helped drive a 57 percent fall in first-half profit before tax, as tenancy terminations hit student and corporate income lines.
Foxtons says the Renters’ Rights Act wiped £3 million from lettings revenue in May and June, with student tenancies taking the biggest hit after higher termination levels.
London landlords added more stock to the rental market in April even as the Renters’ Rights Act came into force, with Foxtons reporting that new…
Foxtons says the Renters’ Rights Act will create growth opportunities for compliant letting agents as landlords face heavier regulatory demands.
Foxtons has grown its lettings portfolio to more than 32,000 tenancies – an increase of over 50 percent since 2021 – as the London-focused agent…