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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Foxtons reports 25% rise in revenues but tougher 2023 lies ahead

Two women walking past Foxtons estate agents in Angel, Islington
Foxtons’ third-quarter revenue rose to £43.8m. Photograph: Alicia Canter/The Guardian

The London estate agent Foxtons has flagged a “less certain” sales market, as it reported a 25% rise in third-quarter revenues driven by higher rents and longer contracts for tenants.

Revenues in the three months to 30 September rose to £43.8m, taking revenues for the first nine months of the year to £109m, up 11% on a year earlier.

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