Dexters purchase London & Surrey arm of rival Jackson-Stops
April 15, 2019
No price has yet been shared, but recent news is that the estate agency chain in Dexters UK have purchased the London and Surrey arm of rival Jackson-Stops meaning they will take over the 11 offices including Mayfair and Pimlico. The purchase will grow Dexters to 106 branch offices and goes against the current negative woes in the world of property blamed on Brexit.
Dexters UK saw a £100 million annual turnover in 2018.
Jeff Doble, founder of Dexters was quoted as saying that demand for London property remains strong both for buyers and renters.
Nick Leeming, chairman at Jackson-Stops, was quoted as saying that the deal represents an exciting opportunity and new phase for Jackson-Stops.
You May Also Enjoy
How Technology is Changing the Prime Property Viewing Experience
The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More 
Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate
The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More 
How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas
Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More 
Foxtons Lettings Market Index – March 2025
London rental market gains momentum as new rental listings surge, Foxtons data shows March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More 
UK’s mid-market firms show improved business growth in March but economic uncertainty continues
Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months Mid-market businesses continued to outperform the wider UK economy in March,…
Read More 
ONS Private rent and house prices UK – April 2025
The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More