It is understood that he will leave the firm on 15 July and that Thomas Davies, sales director at Alexander Hall, will take over the role subject to regulatory approval.
Scott joined the firm from Foxtons in 2012 as sales director, a role he held for around three years before becoming managing director.
Prior to that, he worked at Foxtons for nearly eight years, initially as a move consultant and business development manager for around three years and then as operations director for nearly five years.
He has also been a board member of the Association of Mortgage Intermediaries since 2021.
Scott said: “After 18 marvellous years at Foxtons and then Alexander Hall, I’ve decided to exit the business on July 15th. I will be handing over the managing director reins to the very capable Tom Davies.
“I do so with Alexander Hall in the best shape it’s ever been.”
He added: “However, I take the most pride in seeing so many of my people progress over the years into such amazing financial services professionals, business leaders, homeowners, husbands, wives, mothers and fathers. It’s been a pleasure and a privilege to support their aspirations.”
Mortgage Solutions has contacted Foxtons for comment.
In its latest results, Alexander Hall grew its market share in 2021 by 20 per cent and increased revenues by 17 per cent year-on-year.
It also transacted over £2bn in mortgage lending from around 45 advisers.
Earlier this year, Scott said he aimed to grow Alexander Hall’s adviser base by 150 per cent over the next five years.
