{"id":142132,"date":"2024-01-30T21:00:36","date_gmt":"2024-01-30T14:00:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-boss-guy-gittins-we-absolutely-dont-welcome-20-rent-increases\/"},"modified":"2024-01-30T21:10:37","modified_gmt":"2024-01-30T14:10:37","slug":"foxtons-boss-guy-gittins-we-absolutely-dont-welcome-20-rent-increases","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-boss-guy-gittins-we-absolutely-dont-welcome-20-rent-increases\/","title":{"rendered":"Foxtons boss Guy Gittins: \u2018We absolutely don\u2019t welcome 20% rent increases\u2019"},"content":{"rendered":"<p>&#013;<br \/>\nThe chief executive who cut his teeth in the estate agency\u2019s sharp-suited, hard-pushing heyday worries today\u2019s letting market is \u2018terrible for tenants\u2019The green-and-yellow Minis, sharp suits and skiing trips for the top 100 performers are back at Foxtons. Chief executive Guy Gittins started his career at the listed estate agency chain in 2002, and his efforts to rebuild the firm\u2019s database, hire more staff, bring back face-to-face training, offer more incentives and double down on the lettings business seem to be paying off.He says Foxtons has the largest database in London, with 5.5 million contacts (landlords, tenants, vendors and buyers) and a timeline for every property the firm has ever dealt with. It will use AI tools to predict customer behaviour. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2024\/jan\/30\/foxtons-boss-guy-gittins-we-absolutely-dont-welcome-20-rent-increases\" target=\"_blank\" rel=\"noopener\">Foxtons boss Guy Gittins: \u2018We absolutely don\u2019t welcome 20% rent increases\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The chief executive who cut his teeth in the estate agency\u2019s sharp-suited, hard-pushing heyday worries&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-142132","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AYs","jetpack-related-posts":[{"id":10080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-chief-nic-budden-enjoys-big-pay-rise\/","url_meta":{"origin":142132,"position":0},"title":"Foxtons&#039; chief Nic Budden enjoys big pay rise","date":"April 6, 2016","format":false,"excerpt":"\r Estate agent said Budden deserved the 19% pay rise because he had been underpaid in the pastEstate agent Foxtons has handed its chief executive a pay rise of at least 19% after he stepped into the breach when his predecessor resigned for personal reasons.Nic Budden\u2019s basic wage for this\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-moves-to-the-suburbs-amid-central-london-slowdown\/","url_meta":{"origin":142132,"position":1},"title":"Foxtons moves to the suburbs amid central London slowdown","date":"March 8, 2016","format":false,"excerpt":"\r Estate agent expects Walthamstow to be more important than Pimlico as London house buyers are pushed to outer zonesFoxtons has said it expects Walthamstow to become more important for its business than Pimlico, as the estate agent reported a slowdown in central London property transactions in 2015. Nic Budden,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-shares-slump-after-significant-fall-in-london-property-sales\/","url_meta":{"origin":142132,"position":2},"title":"Foxtons shares slump after significant fall in London property sales","date":"January 11, 2017","format":false,"excerpt":"\r Estate agent predicts challenging year ahead in trading update amid slowdown in housebuying in capitalShares in Foxtons have slumped to a record low after the estate agent unveiled a sharp dip in profits and warned that housing sales would fall in the year ahead if demand for properties remained\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116199,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-becomes-a-self-preservation-society-as-house-sales-drop-off-a-cliff\/","url_meta":{"origin":142132,"position":3},"title":"Foxtons becomes a self-preservation society as house sales drop off a cliff","date":"May 10, 2020","format":false,"excerpt":"\r At the go-getting estate agency\u2019s AGM this week, all minds will be focused on getting out of a tricky situationWhen a Foxtons employee looks in the mirror, the estate agent can discern a reflection that others cannot.To them, the figure smiling back is a dashingly attired young tycoon \u2013\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-profits-down-sharply-as-london-property-market-cools\/","url_meta":{"origin":142132,"position":4},"title":"Foxtons profits down sharply as London property market cools","date":"July 29, 2016","format":false,"excerpt":"\r Estate agent\u2019s profit before tax fell to \u00a310.5m in the first six months of the year, from \u00a318.1m a year earlierEstate agent Foxtons has posted a 42% drop in half-year profits as uncertainty caused by the EU referendum led to a sharp slowdown in London property sales, and warned\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-chief-given-19-pay-rise\/","url_meta":{"origin":142132,"position":5},"title":"Foxtons chief given 19% pay rise","date":"April 7, 2016","format":false,"excerpt":"\r Estate agent admits to \u2018unusual\u2019 decision as Budden oversees fall in profits and share price\r \r Source : ft.com\r Read more...Foxtons chief given 19% pay rise","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142132"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=142132"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142132\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}