The Bank of England has cut base rate from 5.25% to 5.0% - its first cut in four years. It was a...
Archive
![Longer tenancies dent lettings income for Foxtons - but it still looks strong](/upload/images/Shutterstock-only%20images/Rental%20Market/Buy-to-let-400x310.png)
Foxtons latest trading update shows growing reliance on lettings income. However it says the performance - which saw double digit growth in...
31 July 2024
From: Breaking News
![Bidding Wars not the problem - they’re just a symptom](/upload/images/shutterstock_1948159747.jpg)
A prominent lettings agent says banning agents and landlords conducting bidding wars for a rental property is not addressing the real...
19 July 2024
From: Breaking News
![Foxtons’ internal lettings data shows market returning to normal](/upload/images/shutterstock_2271512647.jpg)
Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...
24 April 2024
From: Breaking News
![PropTech: Foxtons to extend digital lettings service into sales](/upload/images/Shutterstock-only%20images/PropTech/PropTech2-400x310.png)
Foxtons says it wants to extend what it calls its “full digitisation of the lettings journey” to its sales side, as...
15 April 2024
From: Breaking News
![Interest Rate Decision - all eyes on Bank of England](/upload/images/shutterstock_2155405011.jpg)
The Bank of England has kept its base rate at 5.25 per cent but markets forecast this will drop from the summer as...
01 February 2024
From: Breaking News
![Foxtons heavily reliant on lettings to stay in the black](/upload/images/Shutterstock-only%20images/Rental%20Market/ToLetBoard-400x310.png)
Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...
26 January 2024
From: Breaking News
![Figures reveal UK's fastest growing lettings agency as 2024 starts](/upload/images/Shutterstock-only%20images/Property%20Market/AgentsWorking-400x310.png)
Foxtons claims it’s reached new heights under its latest management team. The agency has been described as the is fastest growing UK...
02 January 2024
From: Breaking News
![Foxtons figures fly for lettings, falter for sales](/upload/images/Shutterstock-only%20images/Rental%20Market/BuyRent-400x310.png)
Not for the first time this year, a trading update from London-focussed agency Foxtons has shown that lettings is leading the...
30 October 2023
From: Breaking News
![Chief executive takes credit for Foxtons dramatic turnaround](/upload/images/Shutterstock-only%20images/Property%20Market/AgentsWorking-400x310.png)
The chief executive of Foxtons, who has been in the job exactly one year, now claims the company has enjoyed “incredible...
18 October 2023
From: Breaking News
![Lettings division proves its worth in agency's big turnaround](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...
28 July 2023
From: Breaking News
![Quids In - massive rise in lettings revenue for Foxtons](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310.png)
London-focussed agency Foxtons has reported a huge leap in revenue from its lettings division. Lettings revenue was up 27 per cent in...
21 April 2023
From: Breaking News
![Foxtons relying on lettings for revenue as brand is reshaped](/upload/images/Shutterstock-only%20images/Property%20Market/Property-Value_400x310.png)
Foxtons’ latest trading statement suggests that it’s heavily reliant on lettings revenue as the sales market stutters and the whole company...
08 March 2023
From: Breaking News
![Foxtons spends millions on acquiring rival lettings agency](/upload/images/Shutterstock-only%20images/Rental%20Market/LettingAgent-400x310.png)
Foxtons has this morning confirmed that it’s acquired a rival London lettings agency. It has snapped up Atkinson McLeod for £7.4m: Foxtons...
06 March 2023
From: Breaking News
![Rival big-hitter agencies slug it out for lettings dominance](/upload/images/Shutterstock-only%20images/Property%20Market/Recruitment-400x310.png)
Two big-hitter agencies are slugging it out for lettings dominance in London, with both making announcements in a bid to cement...
27 January 2023
From: Breaking News
![Foxtons new CEO enjoying strong start to honeymoon period](/upload/images/Shutterstock-only%20images/Property%20Market/AgentsWorking-400x310.png)
Famous London agency Foxtons has enjoyed a shares boost on the back of a 25 per cent spike in revenue in...
28 October 2022
From: Breaking News
![Foxtons banks on new boss to return to past glories](/upload/images/Logos/FoxtonsTo%20Let%20sign695x400.png)
Foxtons has issued a welcome statement to its new chief executive as it seeks to return to past glories. Guy Gittins -...
06 September 2022
From: Breaking News
![Foxtons draws up shortlist of rival agencies it wants to buy](/upload/images/Logos/FoxtonsTo%20Let%20sign695x400.png)
Foxtons has revealed that it has a pipeline of what it calls “lettings portfolio targets” - lettings books which it wants...
29 July 2022
From: Breaking News
![Lettings chief takes over at high-end agency which is still for sale](/upload/images/Logos/Chestertons-logo400x310.png)
Historic agency Chestertons has appointed its long-serving lettings chief Richard Davies as its new chief executive. This follows the departure of high...
09 June 2022
From: Breaking News
![Going Green: Agency urges rival firms to follow its lead](/upload/images/Energy%20and%20Green%20Homes/GreenEnvironment-400x310.png)
After becoming the first large agency to move to electric BMW i3s in 2019, Chestertons is urging others in the industry to follow...
16 November 2021
From: Breaking News
![London sees surge in international tenants as market picks up](/img/default/lat.png)
High profile London lettings agency Chestertons says there’s been an increase in Hong Kong residents looking to rent a home in...
24 June 2021
From: Breaking News
![London chain snaps up independent and wants more acquisitions](/img/default/lat.png)
High-end London agency chain Chestertons has snapped up an independent lettings agency in the east of the capital. Morgan Randall operated across Canary...
05 August 2020
From: Breaking News
![Lettings helps London agency boost part-year profits to five-year high](/img/default/lat.png)
A surge in the lettings market has helped Chestertons post its best half-year profit level for the past five years. The London-focussed...