Foxtons Q3 2026 trading update: revenue falls 6% as Renters' Rights Act terminations cost £5.7m year-to-date

Created Nov 5, 2026 • AI-generated summary

Foxtons Q3 2026 trading update (three months to September 2026, published 5 November 2026): group revenue fell 6% to £45.9m (from £49m); lettings down 7% to £31.1m, sales down 5% to £12m, financial services down 7% to £2.9m. Tenant-led early terminations since the Renters' Rights Act (from 1 May) cost £2.7m in Q3 and £5.7m year-to-date; terminations eased through Q3 and into October. Nine-month group revenue £129.6m (down 4%); FY adjusted operating profit guidance maintained at £17m–£19m. Four lettings acquisitions completed in September (Birmingham, Watford, Reading). Membership limited to coverage of this Foxtons Q3 2026 trading update.