{"id":21304,"date":"2016-07-29T14:23:54","date_gmt":"2016-07-29T07:23:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-profits-down-sharply-as-london-property-market-cools\/"},"modified":"2016-07-29T14:39:04","modified_gmt":"2016-07-29T07:39:04","slug":"foxtons-profits-down-sharply-as-london-property-market-cools","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-profits-down-sharply-as-london-property-market-cools\/","title":{"rendered":"Foxtons profits down sharply as London property market cools"},"content":{"rendered":"


\nEstate 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 that the downturn in the capital\u2019s housing market would last for at least the rest of 2016.The firm\u2019s profit before tax fell to \u00a310.5m in the first six months of the year, from \u00a318.1m a year earlier. Revenues from property sales dropped 7% to \u00a331.3m, while lettings revenues were also affected by the uncertainty caused by the referendum, declining 2.7% to \u00a332.6m. Foxtons cancelled a special dividend. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Foxtons profits down sharply as London property market cools<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Estate agent\u2019s profit before tax fell to \u00a310.5m in the first six months of the...<\/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-21304","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\/p75ss1-5xC","jetpack-related-posts":[{"id":61992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-blames-economic-uncertainty-as-profits-plunge-by-64\/","url_meta":{"origin":21304,"position":0},"title":"Foxtons blames economic uncertainty as profits plunge by 64%","date":"July 27, 2017","format":false,"excerpt":"\r 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 \u00a33.8m\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-profits-plunge-over-london-housing-market-slump\/","url_meta":{"origin":21304,"position":1},"title":"Foxtons profits plunge over London housing market slump","date":"February 28, 2018","format":false,"excerpt":"\r Brexit worries and stamp duty changes dragging down sales in the capital, estate agent says London-focused estate agent Foxtons has blamed a plunge in profits on Brexit uncertainty and stamp duty changes which have driven sales in the capital to near record lows.The company said waning consumer confidence against\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-shares-drop-after-profits-warning\/","url_meta":{"origin":21304,"position":2},"title":"Foxtons shares drop after profits warning","date":"June 27, 2016","format":false,"excerpt":"\r London-focused estate agent says EU referendum result will prolong property market uncertainty\r \r Source : ft.com\r Read more...Foxtons shares drop after profits warning","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-issues-profit-warning-as-brexit-cools-london-housing-market\/","url_meta":{"origin":21304,"position":3},"title":"Foxtons issues profit warning as Brexit cools London housing market","date":"June 27, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Foxtons issues profit warning as Brexit cools London housing market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-profits-slump-as-london-home-sales-near-historic-lows\/","url_meta":{"origin":21304,"position":4},"title":"Foxtons profits slump as London home sales \u2018near historic lows\u2019","date":"February 28, 2018","format":false,"excerpt":"\r Estate agency\u2019s earnings slide two-thirds as revenues drop\r \r Source : ft.com\r Read more...Foxtons profits slump as London home sales \u2018near historic lows\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foxtons-property-sales-tumble-by-a-third-as-london-house-buying-cools\/","url_meta":{"origin":21304,"position":5},"title":"Foxtons' property sales tumble by a third as London house buying cools","date":"October 19, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Foxtons' property sales tumble by a third as London house buying cools","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21304"}],"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=21304"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21304\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}