London-focused estate agent faces sales slowdown, with revenue from lettings falling as ban on one-off fees looms Profits at London-focused estate agent Foxtons have plunged by 64%, hurt by slowing demand and increased economic uncertainty. Foxtons said pre-tax profits in the first half of this year dropped to £3.8m from £10.5m in the same period of 2016. Group revenue fell 15% to £58.5m in the period. Continue reading…
Source : theguardian.com
Read more…Foxtons blames economic uncertainty as profits plunge by 64%















