"The future of London's biggest estate agency chain Foxtons has been thrown into doubt by the unprecedented slump in home sales.
The chain, known for the fleet of liveried Minis used by its staff, has broken one of the terms of its £260 million of bank loans following the collapse in its commission income.
But its current owner, private equity firm BC Partners, has refused to inject more cash into the agency, leaving its fate in the hands of lenders Bank Of America and Japanese bank Mizuho. "
Foxtons, if you've never dealt with them then ask your friends what they think of them.
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