Foxtons
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Rental market
‘Spring is here’ for lettings says leading agency
Foxtons Lettings Market Index shows sentiment may be improving across London despite a 10% fall compared to last year with April seeing a 6% increase in demand.
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Regulation & Law
UPDATE: Tribunal says Foxtons’ cleaning fee was prohibited payment
Tenant reveals he was told to pay a cleaning fee before he could 'check out' which has been judged to be a prohibited payment, but agency is now "considering the matter".
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Agencies & People
Foxtons’ sales operation ‘turns a corner’ in first months of 2024
The London agency reports sales up 17% in the first three months of the year after a 14% fall in 2023.
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Proptech
Foxtons: ‘We’re first estate agent to totally digitise lettings and sales’
The partnership with Home and Coadjute is viewed as the final piece that completes a puzzle started a decade ago with the launch of My Foxtons.
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Agencies & People
Shareholder pressure mounts on big estate agency to find buyer
Several large shareholders including Converium Capital and Milkwood Capital have said they want Foxtons to be sold so they can cash in their holdings.
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Agencies & People
Foxtons awards senior leadership duo shares worth over £1 million
CEO Guy Gittins and his CFO are granted shares and share options worth £1.02m between them, as a mixture of reward and 'golden handcuffs'.
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Latest property news
Landlords drop rents in London amid void warnings
Adam Jennings at Chestertons says there is a 125% increase in landlords lowering rents as the market in the Capital cools.
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Latest property news
Foxtons share price rises stall after mixed financial results
The London-based agency has seen its share price fall around 2% this week after months of increases but senior team say growth in and outside London will continue.
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Latest property news
EXCLUSIVE: Foxtons targets national market in growth plans
Foxtons CEO Guy Gittins tells The Neg his vision for the London agency is expansion across the whole of the UK with 500-600 offices.
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Latest property news
Foxtons full year profits hit by acquisition spree costs
The London agency says the cost of integrating Ludlow Thompson and 'consolidating' its branch network hit profits.
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