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The Latest Breaking News from Foxtons

Foxtons boss Guy Gittins: ‘We absolutely don’t welcome 20% rent increases’

The chief executive who cut his teeth in the estate agency’s sharp-suited, hard-pushing heyday worries today’s letting market is ‘terrible for tenants’

The Guardian - UK

London home sales have busiest start to year since pre-Covid — Foxtons

Buyers are flooding to take advantage of lower mortgage rates

Evening Standard

FTSE 100 Live 25 January: London blue-chips close flat after US GDP crushes expectations

The contrasting fortunes of retailers Superdry and WH Smith are in focus after they issued updates today.

Evening Standard

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read the most diverse news in one place.

10 London homes for sale with deep discounts – with hundreds of thousands off the asking price

January is the traditional month to find a bargain — and it’s not just winter coats seeing big reductions. Here are nine London homes for sale with deep discounts

Evening Standard

Rare Grand Designs-style Huf Haus is available to rent – and the owner could be willing to sell

For £15,000 a month you could live in this hard-to-find prefbricated eco-home

Evening Standard

Inside London's best church conversions for sale, where stained glass comes as standard

Blessed with high ceilings, stained glass windows and sweeping columns, London’s old chapels make unorthodox homes

Evening Standard

10 of London's most expensive uber rentals to let now for as much as £100k per month

Ultra-high-net-worth individuals are now more likely to rent than buy in the capital. These top-of-the-market lets might tempt them to move in

Evening Standard

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The one renovation that could double the value of your house (and make an enemy of your neighbours)

Digging down is the best way to send your house price soaring, according to new analysis

Evening Standard

Landmark levy: which iconic London sights give the biggest boost to nearby property prices?

Research reveals the extra value achieved by home sellers close to the capital's most famous places

Evening Standard

London on the brink: how the rental crisis is killing the capital – and how to fix it

With rents eating up to 85 per cent of their income, tenants facing being forced out of the capital are searching for solutions

Evening Standard

Property market ‘turns a corner’ a year after mini-Budget

However, last month the number of homes listed for sale in the capital rose to 101,457, slightly above the level recorded in September 2022

Evening Standard

London sees ‘record-breaking surge’ in rental prices as house prices dip

Rising rental prices in London continue to break all records as house price growth falls, data shows

Evening Standard

Annual house price growth slows amid record jumps in rental prices

Property values increased by 0.6% annually in July 2023, compared with a 13.8% annual rise in July 2022.

The Independent UK

London homes in catchment areas: 10 properties for sale near top London schools

Beat shifting school catchment zones by going hyperlocal — these family homes are all within a five minute walk of an ‘outstanding’ secondary

Evening Standard

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Evening Standard

One room wonders: 10 of the best London studios for sale for less than £300,000, from Bow to Bounds Green

From balconies and partitioned bedrooms to a private entrance, the right perks can turn a compact home into dignified digs

Evening Standard

London rents will keep rising even as property prices fall, top estate agent Foxtons says

“The shortage of rental properties means that finding somewhere to live is an ordeal for tenants but it’s a dream for Foxtons,” one expert said

Evening Standard

Here’s what the average London house price buys in every borough

From Soho apartments to suburban family homes, here’s what the average London asking price buys in your area

The Independent UK

Average UK house price in April was £7,000 lower than last September – ONS

The average UK house price was £286,000 in April 2023, which is £9,000 higher than 12 months earlier, the Office for National Statistics said.

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Daily Mirror

Poundland replacing posh estate agent sparks row as resident calls it 'disaster'

The arrival of a Poundland in an exclusive London neighbourhood has led to a fierce debate ranging from residents calling it a "disaster" to one saying "what is the problem with it"

The Independent UK

Struggling London renters warned ‘people are going to have to move out’

Foxtons chief executive Guy Gittins told the BBC’s Today programme that the situation in the capital was so ‘dramatic’ it meant people would need to compromise on location

The Guardian - UK

UK house prices rise as mortgage rate cuts lift confidence

Average monthly increase of 1.1% to £285,476 in February, after falls in previous two months, says Halifax

Evening Standard

Dexters snaps up rival Marsh & Parsons in £180m deal

Combined group “will be London’s biggest estate agency chain.”

Evening Standard

Londoners facing squeeze as rental prices surges by 22%: ‘It is alarming’

Londoners trying to find a rental property in the capital are now facing record average prices of £571 a week, new research has shown. According to data from Foxtons, rents in the first nine months of the year have risen by 22 per cent since 2021. Property website, Rightmove has…

The Guardian - UK

High-rise mortgage costs see surge in rents across the UK

House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite

The Guardian - UK

Demand for rental homes in UK up by 23% in a year, as rents hit record high

Competition among tenants for properties intensified by potential buyers delaying plans and lower supply of smaller homes

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