Foxtons performance for Q1-2017 in line with Board’s expectations
May 18, 2017
Foxtons Plc, London’s leading estate agent yesterday 17th May 2017 issued a trading update for Q1-2017.
During the first quarter Foxtons performance has been in line with the Board’s expectations.
Group revenue was £28.7m compared to £38.4m in the first quarter last year and £26.4m in the fourth quarter of 2016.
This quarterly performance is set against the record sales volumes in the first quarter last year when a number of transactions were brought forward ahead of the stamp duty surcharge on buy-to-let investments and second homes.
Read the trading update Q1-2017 in full click here.
You May Also Enjoy
Halifax House Price Index December 2024
House prices in December 2024 were 3.3% higher than the same month a year earlier. House prices decreased by -0.2% in December Annually, property prices are up +3.3% (vs +4.7% last month) Typical property now costs £297,166 Northern Ireland maintains the strongest UK annual house price growth Amanda Bryden, Head of Mortgages, Halifax,…
Read More 
3 Solutions for Japanese Knotweed
Japanese knotweed is a notoriously invasive species known for its rapid growth, extensive underground rhizomes, and ability to disrupt ecosystems and property foundations. In the UK, including Ireland, its management is both a practical challenge and a legal responsibility. Homeowners and businesses must not only tackle this persistent plant but also adhere to regulations to…
Read More 
Housing Insight Report: November 2024
The next few months are likely to prove busy for the sales market, with stock coming to the market and consumers showing they are keen to stay ahead of Stamp Duty threshold changes due in England and Northern Ireland in April 2025. The lettings market remains extremely challenging, with long-running issues regarding an intense lack…
Read More 
Westminster Council Embraces the Worst Aspects of NIMBYism
In May 2025, Westminster Council will seek to ban ‘For Sale’ signage across the borough, adding to the growing list of localist powers that are being misused by councils through tacit nods to NIMBYism and the creation of new revenue streams. Misuse of Localism Powers Abuse of ‘localism’ powers is not uncommon. In 2024,…
Read More 
Bank of England Money and Credit – November 2024
Overview These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals fell by £1.0 billion, to £2.5 billion in November.…
Read More 
Understanding the Importance of Waste Management in Tampa
Tampa, located on the Gulf Coast of Florida, is a vibrant city known for its sunny weather, flourishing tourism, and growing business sectors. With a population that continues to rise, the demand for efficient waste management practices has never been greater. Proper waste handling is critical not only to preserve Tampa’s pristine beaches and nature…
Read More