Company Tag: Foxtons

'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.'

Rising revenue from lettings offset declines from sales and financial services in 2023, as the estate agency ploughs on with its 'operational turnaround plan'.

Foxtons trumpets a 'renewed sense of vigour' in the property market at the start of 2024

Demand and supply appear to be rebalancing to more sustainable levels.

'It’s fair to say that as planned, we are ahead of the curve,' says estate agency boss Guy Gittins as the market turns upwards.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Strutt & Parker, Beauchamp Estates, Foxtons, Rightmove, Knight Frank & more...

The market is returning to more typical levels, reports the estate agency.

'Now is a good time to buy' a property in the capital, says estate agency.

Calls for Foxtons to sell itself have resurfaced, as London estate agency consolidations abound.

Tenant demand has fallen sharply in the last month, prompting Foxtons to herald 'a shift towards a more balanced market' in the capital.