{"id":130783,"date":"2022-10-17T16:49:04","date_gmt":"2022-10-17T09:49:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-london-rent-hits-record-533-a-week-amid-property-shortage\/"},"modified":"2022-10-17T17:02:18","modified_gmt":"2022-10-17T10:02:18","slug":"average-london-rent-hits-record-533-a-week-amid-property-shortage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-london-rent-hits-record-533-a-week-amid-property-shortage\/","title":{"rendered":"Average London rent hits record \u00a3533 a week amid property shortage"},"content":{"rendered":"


\nEstate agents Foxtons says an average of 29 renters competed for each property in SeptemberThe average rental in London hit a record \u00a3553 a week last month with almost 30 applicants vying for each property, as landlords cashed in on soaring demand and a lack of new properties coming on to the market in the capital.The average rental price in September eclipsed the previous record of \u00a3549 set in June, according to the latest data from the estate agents Foxtons, with the fight for property sparking bidding wars, \u201cauditions\u201d and landlords demanding six months to a year rent in advance. Continue reading…
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\nSource : theguardian.com
\nRead more…Average London rent hits record \u00a3533 a week amid property shortage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Estate agents Foxtons says an average of 29 renters competed for each property in SeptemberThe...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130783","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-y1p","jetpack-related-posts":[{"id":142132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-boss-guy-gittins-we-absolutely-dont-welcome-20-rent-increases\/","url_meta":{"origin":130783,"position":0},"title":"Foxtons boss Guy Gittins: \u2018We absolutely don\u2019t welcome 20% rent increases\u2019","date":"January 30, 2024","format":false,"excerpt":"\r The chief executive who cut his teeth in the estate agency\u2019s sharp-suited, hard-pushing heyday worries today\u2019s letting market is \u2018terrible for tenants\u2019The green-and-yellow Minis, sharp suits and skiing trips for the top 100 performers are back at Foxtons. Chief executive Guy Gittins started his career at the listed estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-moves-to-the-suburbs-amid-central-london-slowdown\/","url_meta":{"origin":130783,"position":1},"title":"Foxtons moves to the suburbs amid central London slowdown","date":"March 8, 2016","format":false,"excerpt":"\r Estate agent expects Walthamstow to be more important than Pimlico as London house buyers are pushed to outer zonesFoxtons has said it expects Walthamstow to become more important for its business than Pimlico, as the estate agent reported a slowdown in central London property transactions in 2015. Nic Budden,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slowdown-in-london-property-hits-foxtons\/","url_meta":{"origin":130783,"position":2},"title":"Slowdown in London property hits Foxtons","date":"October 20, 2016","format":false,"excerpt":"\r Estate agency reports 34 per cent fall in revenues from home sales\r \r Source : ft.com\r Read more...Slowdown in London property hits Foxtons","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-property-slump-pushes-foxtons-to-first-annual-loss-since-2013\/","url_meta":{"origin":130783,"position":3},"title":"London property slump pushes Foxtons to first annual loss since 2013","date":"February 28, 2019","format":false,"excerpt":"\r Nationwide says house prices dipped 0.1% in February from January to average of \u00a3211,304 The London estate agent Foxtons slumped to its first annual loss since its stock market debut six years ago, blaming a further fall in the number of homes sold and warning of a prolonged downturn\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-closes-six-london-branches-in-challenging-market\/","url_meta":{"origin":130783,"position":4},"title":"Foxtons closes six London branches in 'challenging' market","date":"November 13, 2018","format":false,"excerpt":"\r Estate agent hit by slowing sales in capital amid high prices and Brexit uncertaintyFoxtons has closed six of its London branches as it struggles to sell homes in a \u201cchallenging\u201d property market in the capital.The estate agency said it had recently closed its offices on Park Lane in central\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-slips-to-2-5m-loss-amid-weak-london-property-market\/","url_meta":{"origin":130783,"position":5},"title":"Foxtons slips to \u00a32.5m loss amid weak London property market","date":"July 30, 2018","format":false,"excerpt":"\r Countrywide is also expected to report grim sales figures \u2013 and a cash call on investorsFoxtons has crashed to a loss after struggling to sell houses in London\u2019s sagging property market, as concern grows of wider problems facing Britain\u2019s estate agencies.Later this week Countrywide, the UK\u2019s biggest independent agency,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130783"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=130783"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130783\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}