UK estate agent group Foxtons said a continuation of lower activity in the property sales market in London had hit its business, pushing quarterly sales revenue down by a third. 

Foxtons, a symbol of London's booming property market in recent years, warned three months ago that Britain's vote to leave the EU in June had lead to a fall in transactions which could last until the end of the year. 

The company said that its quarterly sales revenue came in at £12.2m for the three months ended September 30, down from £18.5m the same time last year. 

Foxtons said in its statement that tight cost control would help it deliver annual results in line with market expectations.