Company Tag: Foxtons

'It is unlikely that landlords will be running for the exits on Friday - no matter what happens', concludes Foxtons after quizzing over 1,000 property investors.

Rising supply relative to demand comes as 'a welcome relief to renters, landlords and agents alike', says estate agency.

London's lettings market saw a 'seasonal upturn' in April.

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.

Foxtons saw small increases in both rental supply and tenant demand last month.

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 says it is 'the first estate agency to implement the comprehensive digitisation of the property transaction process'.

London estate agency is working with NM Rothschild, reports The Sunday Times.

'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'

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.

'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.

Foxtons heralds 'a shift towards a more realistic lettings market, characterised by higher supply levels and less inflated demand.'