Foxtons’ hurt by tenancy fees ban

The London-listed firm saw shares slip lower in early trading on Friday after it said group revenues fell 4% to £106.9 million for the year to December. Meanwhile, revenues from sales declined by 10% to £32.6 million, as the company blamed the impact of continued political uncertainty on transaction volumes and prices. Gallery: 11 signs you're not ready to buy a house, even if you think you are (Business Insider) Chief executive Nic Budden said: “In 2019 sales transactions continued to fall from the historic lows we saw the previous year.

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