I see Fuxton's are selling up - What can they see coming? Must be a sure sign that the London housing market is going to go belly up. Rats leaving the sinking ship etc etc
http://news.bbc.co.uk/1/hi/business/6678537.stm
"London estate agency Foxtons has been sold to private equity firm BC Partners for an undisclosed amount, reported to be about £400m.
Set up in 1981, the firm has 20 branches in London and the south-east of England and generated sales of more than £100m last year.
Foxtons and sister firm Alexander Hall, a mortgage broker also being sold, were owned by their founder Jon Hunt.
Like other agents, Foxtons has benefited from London's property boom"
http://news.bbc.co.uk/1/hi/business/6678537.stm
"London estate agency Foxtons has been sold to private equity firm BC Partners for an undisclosed amount, reported to be about £400m.
Set up in 1981, the firm has 20 branches in London and the south-east of England and generated sales of more than £100m last year.
Foxtons and sister firm Alexander Hall, a mortgage broker also being sold, were owned by their founder Jon Hunt.
Like other agents, Foxtons has benefited from London's property boom"
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