Company Tag: Foxtons
Buyer demand is running 41% higher than last year in London – Foxtons
London's biggest estate agency has shared data on the number of buyer enquiries it receives, highlighting branches that have seen demand more than double compared to last year.
London’s rental market is ‘following more typical trends than in 2023’
Foxtons saw small increases in both rental supply and tenant demand last month.
Foxtons reports ‘strong start to the year’ as market share grows again
The London estate agency agreed a third more sales in the first three months of this year than in Q1 2023, while the lettings business saw an 'incremental' increase in revenue.
Foxtons claims digital first with Home & Coadjute partnership
Foxtons says it is 'the first estate agency to implement the comprehensive digitisation of the property transaction process'.
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
London’s rental market is ‘normalising’ as supply rises & demand dips
'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'
‘Fundamentally transformed’ Foxtons sees revenue climb 5% despite slump in sales income
Foxtons 'has reclaimed the number 1 estate agency position in London' and 'is now in much better shape than the company I inherited 18 months ago,' says CEO Guy Gittins.
Ranked: London property Vs eight other investments over the last decade
'Bricks and mortar has remained one of the most consistent investments one can make down the years and the long-term returns speak for themselves,' says Foxtons' boss.
London agency reports 25% jump in new lettings instructions
Foxtons heralds 'a shift towards a more realistic lettings market, characterised by higher supply levels and less inflated demand.'
Gittins heralds ‘a transformational year’ as Foxtons beats earning expectations
Rising revenue from lettings offset declines from sales and financial services in 2023, as the estate agency ploughs on with its 'operational turnaround plan'.
Home sellers are ‘more motivated’ to sell this year, says estate agency
Foxtons trumpets a 'renewed sense of vigour' in the property market at the start of 2024
Foxtons reports ‘a strong start to what should be a pivotal year in London lettings’
Demand and supply appear to be rebalancing to more sustainable levels.