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Alexander Hall sees rise in revenue and business volumes in 2025 amid flat profit

Alexander Hall sees rise in revenue and business volumes in 2025 amid flat profit
Shekina Tuahene
Written By:
Posted:
March 5, 2026
Updated:
March 5, 2026

Alexander Hall, the financial services arm of Foxtons Group, delivered a 10% increase in revenue to £10.3m in 2025.

The firm also saw business volumes rise by 13% to 5,776, while the average revenue per transaction dropped by 2% to £1,755. 

Foxtons said the lower average revenue per transaction was due to a market-driven shift in product mix toward refinancing, which typically generates a lower fee than new purchase transactions. 

Alexander Hall saw 43% of its revenue come from non-cyclical refinance activity, valued at £4.3m, while purchase activity made up 58% of revenue, valued at £6m. 

The advice firm contributed £4.2m to the group’s revenue, accounting for 40.7% of all revenue. While its contribution was higher than 2024’s £40m, the margin contracted from 43%. 

Its operating profit was flat at £1.1m. 

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Foxtons Group saw a 5% rise in its revenue to £172.5m, while its profit before tax fell 3% to £16.9m. 

Its lettings business generated a 5% growth in revenue to £111m, while the sales division delivered £51.3m in revenue, a 6% increase on the previous year. 

Guy Gittins, chief executive of Foxtons Group, said: “We were pleased to deliver 5% revenue growth in the year, as our continued focus on growing non‑cyclical and recurring lettings revenues enabled us to maintain adjusted operating profit despite a volatile sales market.

“Operationally, we are not standing still, with artificial intelligence-led improvements to our operating platform and targeted marketing initiatives helping us deliver best‑in‑class service for our customers.

“We have strong foundations, a clear growth strategy and a highly scalable platform, and we are targeting growth in 2026 and beyond.”