My goodness !!!26 Mar 2026 21:37
What a load of complete and utter boll@£ks posted here in the last few days !!
I will happily wage a £1000 bet with you that we will not see 4 interest rate rises, the loser ( you) giving the money to an on-line charity of their choice so we can all see the donation .
As I said at the beginning of the year, one or two interest rate cuts at the most will happen this year, it looks like the Summer and one before the Christmas holiday period.
As for the share price of Foxtons which has now revisted the lows of 2018, who cares ??
As I have said on here before, those market and hedge fund bandits could quite easily take the stock down to 40p, 30p, 20p, 10p even 1p , there is no real price discovery in UK shares anymore, the banks and hedge funds have destroyed all value for their own benefit.
It's good for us, I have clients money to invest ahead of the new financial year next week and as we approach the Easter holiday period expect more market games as everyone goes off on their holidays ( but not Dubai this year 😆).
Foxtons can afford to sit still this year as the Renters Reform bill kicks in, 'part time' landlords do not want any hassle with thier investments and will seek professional agents with the likes of Foxtons and Dexters cleaning up.
Build to rent, 2m 0-1% 5- 10 year old fixed rate mortgages needing to be rolled over , part buy part rent, mortgage lifetime products etc. the last goes on.
Keep calling the stock down we will gladly pick them up.
Cue another numpty Bloomberg report 🤣
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