© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.
© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.
London's largest lettings and sales estate agent brand*, Foxtons, has revealed that the firm has seen a sharp uplift in both the number of sales applicants entering the London market in the last 30 days, as well as the number of viewings being scheduled across the firm’s 50+ branches.
At the start of 2024, data from independent industry source, TwentyCi, found that Foxtons has been the fastest growing sales estate agent in the top 10 in 2023, increasing market share by 28% year on year. Foxtons were also the fastest growing lettings agent in the top 10 in 2023, increasing market share by 35% year on year.
Foxtons data shows that: -
In recent months, the UK property market has shown consistent signs of positivity. Halifax has reported three consecutive increases in the monthly rate of house price growth, while the Bank of England has also reported that mortgage approvals have climbed for the last two consecutive months.
The latest figures from Foxtons suggests that the firm is leading the charge where the London property market revival is concerned and Guy Gittins, Foxtons CEO, attributes this strong performance to the forward strides made by the company since his return.
Foxtons CEO, Guy Gittins, commented:
“We’re proud of the progress we made last year, having invested in our data and technology, brand and our people.
This investment has already yielded a substantial return in terms of the growth of the business across sales and lettings. Now as we see a stabilisation of the wider market we’re perfectly placed to translate this into an increase in buyer activity via sales enquiries and viewings.
It’s fair to say that as planned, we are ahead of the curve when it comes to delivering the right results for our clients and customers.”
Sources
*Foxtons internal data on sales enquiries and viewing numbers based on a rolling 31 day look at company performance ending 4th January 2024 versus the same period ending 4th January 2023.
*Foxton’s is London’s No.1 estate agency brand based on TwentyCi data, 2023 v 2022 market share and market share growth of New Instructions at a brand level.
*Foxtons is the UK’s fastest growing sales agent in the top 10 agents based on TwentyCi data of market share and market share growth of New Instructions at a brand level 2023 v 2022, growing by 28% year on year. Foxtons is the UK’s fastest growing lettings agent in the top 10 agents based on TwentyCi data of market share and market growth of New Instructions at a brand level 2023 v 2022, growing by over 35% year on year.