Foxtons buys two Birmingham estate agents

London estate agent Foxtons has bought two long-established Birmingham agencies as it expands outside the capital.

The company has acquired Davidson Estates, an award-winning agency based mainly in Edgbaston, and Maguire Jackson, which has specialised in city centre homes for more than 23 years.

Why Birmingham

Foxtons has built its business in London but has been looking for growth elsewhere. Birmingham offers a large and busy housing market, with thousands of new flats built in the city centre over the past decade and strong demand from renters, young professionals and students.

Edgbaston is one of the city's most established and highest value residential areas, known for its large Victorian and Edwardian houses and leafy streets. Maguire Jackson is described as one of Birmingham's most established specialist city centre residential agents.

What the market looks like

According to the Office for National Statistics, the average house price in Birmingham was 234,000 pounds in July 2026, up 2.5 per cent on a year earlier. The average private rent was 1,099 pounds a month in August, up 3 per cent.

Flats in the city have seen little price growth over the past year, while semi-detached homes have risen by 3.7 per cent.

Consolidation in estate agency

Larger firms have been buying independent agents across the country, attracted by the steady income from letting and managing rented homes. Lettings businesses have faced big changes this year, as the Renters' Rights Act came into force in May, ending so-called no-fault evictions and changing how tenancies work.

What it means for customers

Customers of the two agencies are unlikely to see immediate changes, but acquisitions often lead to new branding, systems and fees over time. Landlords and tenants should check their agreements if they receive notice of any changes.