Foxtons Share Discussion Threads

[emeraldzebra] 12/3/2020 13:04

ltcm - Savills forecast 17 pct rise on 'average' London property over the next 5 years. Average properties are led by the high end stuff. I will have you are a large bet that London houses will NOT crash. ! If they come down at all they will be pounced on pretty quickly too.

[topazfrenzy] 12/3/2020 10:49

London property is one of the safest havens that is why

[ltcm1] 12/3/2020 10:45

Why do you say that TF???

Banks will have to lay off thousands, no more oil rich buying in London either, high end prices set to CRASH.

[topazfrenzy] 12/3/2020 09:15

This is definitely a buy again I would say thinking logically, but I'll be waiting for the 40s, if they come

[plat hunter] 12/3/2020 08:26

Where's DT gone

[ny boy] 11/3/2020 16:42

Yes glad I didn’t get sucked in after that first bounce off 65p recently. Now below that level, certainly back to sitting on the fence for now. More keen on WEY & PPS, buying dips on those for long term holds. Dyor as usual.

Will check the s/r levels here shortly

[topazfrenzy] 11/3/2020 14:08

This will now drift since no stamp duty reform, missed opportunity, and this virus is going to slow everything down, so nothing to see here for 6 months

[topazfrenzy] 11/3/2020 13:35

Non-UK stamp duty extra levy of 2% will not come in until April 2021

[onedb1] 10/3/2020 20:22

Could be in for a bounce tomorrow . Watch the budget and global stock markets bounce . I took a few at 70

[onedb1] 09/3/2020 16:17

News out for Foxtons . Only rare plus sign out there . Am looking at this

[f15jcm] 06/3/2020 16:42

The short I've been sat on for months briefly entered profit territory today. The results and outlook the other day were pretty awful. Most other estate agents (including other London based ones) are making money, I don't know why Foxtons find it so difficult

[ny boy] 06/3/2020 13:46

The virus has struck here 65p support but friday never a good day to buy, especially with global fear mounting..will check in next week

[onedb1] 06/3/2020 12:25

Crazy though as whilst transactions have been very low throughout past 2/3 years , the other main income source is rental and that seems steady . With interest rate cuts in the US I wonder if the UK will follow and indeed will stamp duty be reduced ? I am on the sidelines . But feel that price is getting quite low .

[waldof] 06/3/2020 09:15

Keeping a close eye on this - sold out a couple of weeks ago.
Doubtless the budget next week will be supportive but in this environment it may count for little.

[ny boy] 28/2/2020 10:39

Down again, global market rout still influencing here, definitely add at support2 but maybe asking too much, sit on the fence today as an observer

[ny boy] 27/2/2020 16:32

Nice pull back, will wait to see how end of week plays out, was tempted around 75p but as support 1 has gone for now, best wait and see. These markets are quite feisty.

S/r levels

Support1: 78.49 Support2: 65.30
Resistance1: 90.55 Resistance2: 98.00

[topazfrenzy] 27/2/2020 12:16

I think it's the no deal fears coming back, although I think London will benefit as a safe haven investment, while Europe sinks

[ny boy] 27/2/2020 10:31

Was going well until Corona Virus, which May have short to medium term affects.

Will watch to see if I can add cheaper over the coming weeks.

[topazfrenzy] 21/2/2020 10:31

lol, yes, indeed, the odd English soul still hanging on but the moneyed English prefer Chelsea to Knightsbridge any day

[dt1010] 21/2/2020 08:08

No English living there. Only Russian etc billionaires hiding their ill gotton gains lol

Price target post stamp duty reform in the March budget anyone?

135-150p I reckon.

[topazfrenzy] 21/2/2020 07:34

Ok, just found out with street view, it is at the top end of Brompton Square

[topazfrenzy] 21/2/2020 07:32

I think Egerton Crescent is all white stucco, no brick faced buildings .. and that is more South Ken / Chelsea border

[ny boy] 21/2/2020 07:16

Yes just two terraced town houses, looks like Egerton Crescent?