Company Tag: Foxtons

A law firm has announced that it is bringing a group claim against Foxtons on behalf of landlords, in a legal case which could see the London estate agent facing a multi-million pound payout.

The Elephant & Castle pub, which some say gave the south London area its rather odd name, looks destined to become the latest branch of Foxtons.

Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.

Foxtons Group Plc's pre-tax profits jumped by 8.2% last year, despite a "sharp downturn" through the second half and some naysaying from financial pundits.

Prime Purchase has strengthened its offering in the capital by hiring a key member of Foxtons' sales team.

Foxtons is adding another five branches to its 56-strong London network in March and April. The new offices are "strategically placed" in: Barnes Walthamstow West Hampstead Ruislip Bromley

Foxtons has rolled out a suite of new digital fancies to upgrade its online presence.

The second half of this year "will be significantly below levels during the same period last year" warns Foxtons, as its Q3 turnover drops.

Foxtons is opening its 50th and 51st branches in the South East.

Foxtons plc had a pretty good first half of the year, with Group revenue up 16.2% to £72.8m (2013: £62.6m) and pre-tax profits jumping by 57.1% to £23.1m (2013: £14.7m).

Foxtons' Chief Executive Michael Brown is calling it a day after 12 years at the estate agency's helm.

The recent rebranding of Cluttons showed how to take one of the industry's most established, conventional identities, and turn it into something modern, fresh and instantly recognisable.