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Estate agency group Foxtons said first-quarter revenue fell amid 'record' low sales as conditions in the London property market remained 'very challenging.'
Group revenue for the first quarter of 2019 was £23.8m compared to £24.5m in the first quarter of last year, with sales revenue of £7.1m, down from £8.2m last year, lettings revenue of £14.6m, up slightly from £14.3m last year ,and Alexander Hall mortgage saw revenue flat year-on-year at £2.0m.
'Sales volumes continue to be at record low levels and ongoing Brexit uncertainty is impacting consumer confidence,' the company said.
At 9:02am: (LON:FOXT) Foxtons Group PLC share price was -1.5p at 58.5p