Foxtons’ profits tumble by 65%; warnings of another ‘challenging’ year in 2018

Henry Adams, which traces its roots back to 1826, will share a parent company with Farrar, Stirling Ackroyd and Chancellors.

'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.

"Property prices have held up reasonably well but transactions have slowed, leading to a high number of agreed sales being delayed to the second half of the year," says leading estate agency.