A shareholder of Foxtons believes the agency could be worth £300m if sold today - substantially above its existing market capitalisation...
Archive
Foxtons has regained its position as London’s number one agent in Guy Gittins’ first year as chief executive. Former Chestertons boss Gittins...
18 October 2023
From: Breaking News
Foxtons has got its mojo back under its new chief executive Guy Gittins, senior executives at the agency brand have proclaimed. Gittins...
29 June 2023
From: Breaking News
Foxtons had become ‘flabby’ and lost its sense of business, its interim chief executive Peter Rollings claims. Speaking on The Guild of...
18 August 2022
From: Breaking News
Foxtons interim chief executive Peter Rollings has said “change was needed” to boost the London brand after Guy Gittins was appointed...
29 July 2022
From: Breaking News
Foxtons has confirmed the appointment of former Chestertons boss Guy Gittins as its new chief executive. Gittins will step into the role...
30 May 2022
From: Breaking News
Foxtons is rumoured to have raided London rival Chestertons for its chief executive Guy Gittins. Estate Agent Today revealed on Friday that...
29 May 2022
From: Breaking News
Foxtons has announced the acquisition of two estate agents worth £10.55m. The listed agency giant has acquired IMM Properties Ltd, trading under...
26 May 2022
From: Breaking News
The property industry is fortunate in including many great people, doing great work across a range of businesses – from traditional agency...
30 April 2022
From: Features
Foxtons chief executive Nic Budden is to take up the work of the chief operating officer too. In a statement to shareholders...
01 April 2022
From: Breaking News
A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...
17 March 2022
From: Breaking News
Foxtons has told shareholders that it has enjoyed "a good year of progress with revenues, profits and cash flow significantly ahead of...
02 March 2022
From: Breaking News
Foxtons has this morning announced that it’s selling off the sales wing of a rival London agency that it bought just...
14 January 2022
From: Breaking News
Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...
29 September 2021
From: Breaking News
New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...
22 September 2021
From: Breaking News
It’s been reported that Foxtons is to create ‘virtual branches’ in as many as 15 UK cities outside London, plus commuter...
04 June 2021
From: Breaking News
In a trading statement this morning Foxtons has revealed that following a 49 per cent increase in sales revenue in the...
03 June 2021
From: Breaking News
Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...
28 April 2021
From: Breaking News
The biggest news story in town this last week – which has brought people who don’t usually like or watch football...
24 April 2021
From: Features
Controversial Foxtons chief executive Nic Budden is to pocket a bonus package of around £1m - despite a huge shareholder rebellion at...
23 April 2021
From: Breaking News
Hello and welcome to a sunny Friday and this week’s round-up of the industry’s good works. We’re keen to feature agents and...
23 April 2021
From: Breaking News
The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...
20 April 2021
From: Breaking News
Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid...
15 April 2021
From: Breaking News
Foxtons has reassured investors that 2021 has started well and the agency is on the road to recovery after the Coronavirus...
15 April 2021
From: Breaking News
Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...
12 March 2021
From: Breaking News
Foxtons says it's set for radical new investment and further takeovers following the acquisition of rival London agency Douglas and Gordon. In...
10 March 2021
From: Breaking News
It's been confirmed that Foxtons has bought rival London-focussed agency Douglas & Gordon. In a trading statement this morning Foxtons tells its...
02 March 2021
From: Breaking News
A trading statement from Foxtons this morning provides a rare piece of good news for the troubled London agency. It says business...
29 October 2020
From: Breaking News
The senior management from four of the agencies announced as founding members of Boomin have spoken out in favour of the...
19 October 2020
From: Breaking News
House prices have risen 2.3 per cent in the past year - the strongest rate of inflation for property since July...
02 March 2020
From: Breaking News
Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...
28 February 2020
From: Breaking News
An outspoken industry commentator says some of the country’s leading agencies are failing because they’re not actually run by experienced agents. Russell...
03 February 2020
From: Breaking News
Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...
30 January 2020
From: Breaking News
The troubled London agency Foxtons says its fleet of branded Minis will go electric - but it has generously set itself...
17 December 2019
From: Breaking News
Foxtons’ sales slumped another 10 per cent and its total revenue dropped another 3.5 per cent according to figures released this...
26 July 2019
From: Breaking News
Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...
29 March 2019
From: Breaking News
Foxtons has this morning confirmed that it has now closed six branches. There was high-level publicity given to the closure of its...
13 November 2018
From: Breaking News
Estate Agent Today can reveal that Foxtons has closed another London agency office - this time at Barnes in the borough...
09 October 2018
From: Breaking News
The business editor of right wing political weekly The Spectator says “what’s bad for Foxtons is on the whole likely to...
06 August 2018
From: Breaking News
Foxtons has suffered a massive 23 per cent drop in sales income and a nine per cent drop in overall company...
30 July 2018
From: Breaking News
Foxtons says its long-term branch expansion programme is now “largely complete” and it is shifting its attention to using technology to...
05 April 2018
From: Breaking News
Foxtons has reported its 2017 figures to shareholders and the City this morning and as expected they show sharp falls in...
28 February 2018
From: Breaking News
Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...
27 July 2017
From: Breaking News
Foxtons has received lavish praise from investment consultancy Jefferies despite long-term share price worries reflecting its mixed performance in the troubled...
20 March 2017
From: Breaking News
Foxtons' figures released to the City this morning confirm a huge slump in sales in 2016 - and even lettings revenue...
08 March 2017
From: Breaking News
Foxtons has revealed that in the final quarter of last year its revenues were only £26m - down a quarter on...
11 January 2017
From: Breaking News
In a surprise announcement this morning, Foxtons has revealed that its total revenues in the past three months dropped 14 per...
19 October 2016
From: Breaking News
Foxtons is reviewing its programme of branch openings in London because of the slowdown in the capital's housing market. In figures released...
29 July 2016
From: Breaking News
As post-Brexit referendum vote shockwaves continue to reverberate around stock markets and currency exchanges, many publicly-quoted property companies took a hit...
28 June 2016
From: Breaking News
Foxtons says the vote to leave the EU means the expected upturn in the housing market in the second half of...
27 June 2016
From: Breaking News
The Financial Times is reporting that a shareholders’ rebellion may be on the cards at Foxtons as some with a stake...
10 May 2016
From: Breaking News
Another agency has warned of the likely market slowdown caused by the June 23 EU referendum and political uncertainty over the...
28 April 2016
From: Breaking News
Foxtons has reported a 4.1 per cent increase in its group revenue in 2015 to £149.8m although its profits dipped by...
08 March 2016
From: Breaking News
Foxtons says affordability issues and increased stamp duty charges for some of the most expensive properties mean London’s sales market is...