Foxtons is considering selling its mortgage broking and protection advice arm Alexander Hall.
In a statement to the London Stock Exchange this morning, the estate agent revealed it is reviewing strategic options for Alexander Hall, which could include its potential sale.
The group added a further announcement will be made if and when appropriate.
According to Foxton’s annual accounts for 2020, Alexander Hall revenue was down 5% on 2019, which the group attributed to reduced market volumes, which were partially offset by market share increases.
