nic Budden
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Latest property news
Foxtons’ acquisition of D&G delivers a £12m revenue boost, latest figure reveal
Foxtons bought its rival in March this year for £14.25 million from the controlling Talbot Willcox family and employee shareholders.
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Latest property news
Shareholder revolt at Foxtons rumbles on as firm seeks to appease City
Company has promised to review its bonus scheme after a significant number of shareholders did not back its remuneration committee report.
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Latest property news
Foxtons battles Catalist criticism with renewed growth plan
Foxtons to hold event today for investors and analysts to set out how it intends to grow the business after a disastrous few years.
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Latest property news
Foxtons forced into humiliating U-turn over bonuses following revolt
Board has promised to revisit bonus packages after shareholders, representing 40% of votes, moved against remuneration report and Chairman.
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Latest property news
Catalist buys 2% stake in Foxtons as it urges action to turn agency around
Robin Paterson's 'activist investor' vehicle wants the estate agency's management to change direction and go for growth.
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Latest property news
Foxtons report 60% sales revenue jump as it invests in Boomin
Foxtons says its business has rebounded strongly during the first quarter of the year as it takes a stake in Boomin alongside Channel 4 and the Mortgage Advice Bureau, part of a £25 million fund raising push by the portal.
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Latest property news
Foxtons returns to pre-tax profit after swingeing cost cuts
Company saw revenue drop by £13.4 million in 2020, offset only by paring back operating costs by £15.9 million.
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Latest property news
Foxtons discovers error in bonus scheme vote
Company says major shareholder was unable to vote on its contentious director pay and bonus scheme.
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Latest property news
Foxtons continues to weaken despite post-lockdown boom
Company blames lower revenues on high fall-throughs, slow conveyancers, fewer exchanges and weak short-lets and overseas student rental markets.
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Latest property news
BREAKING: Boomin reveals ten ‘founder’ estate agencies including Foxtons
Portal says other agents are able to be founding firms too and will be allocated equity in the company if they sign up.
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