Foxtons said the growth was driven by strong refinancing activity, supported by operational enhancements that improved customer retention and increased ancillary revenues.
The division also benefitted from stronger links with Foxtons’ estate agency business, with enhanced connectivity supporting robust new purchase mortgage revenues.
Purchase mortgage performance remains resilient
Despite weaker transaction volumes across the wider property market, Foxtons said new purchase mortgage revenues remained resilient and outperformed the wider sales market.
The group said operational improvements within financial services helped drive higher levels of client retention and cross-sell revenues, supporting performance against a challenging housing backdrop.
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Volumes and profitability improve
Financial services transaction volumes increased 25% to 3,119, up from 2,495 in H1 2025.
Average revenue per financial services transaction declined slightly, falling 4% to £1,740, compared with £1,816 a year earlier.
The division’s contribution increased to £2.1m from £1.8m in H1 2025, while adjusted operating profit increased by £0.1m to £0.5m.
Foxtons highlighted financial services as a resilient part of the business, with adjusted operating profit growth contrasting with declines in profitability across its sales and lettings divisions.
Guy Gittins, CEO, said: “Against a challenging backdrop of continued sales market weakness and short-term lettings volatility, we continued to execute on our strategy, with our long-term focus on accelerating growth in non-cyclical and recurring lettings revenues underpinning performance through these headwinds.
“In sales, we’ve taken action to align the business with market conditions and support performance at lower transaction volumes. With 2026 likely to prove one of the lowest years for London transaction volumes on record, we urge the new Cabinet to prioritise stamp duty reform, which remains the single biggest barrier to home moving – for first-time buyers trying to get on the ladder, for growing families and for those looking to downsize.”
