Chestertons unveils investment plan after announcing record results

October 22, 2018

After reporting the strongest August performance in its history and record figures from its Lettings division, Chestertons – one of London’s largest estate agents by market share – has announced that it has embarked on an ambitious investment programme to enable its continued growth and is looking to acquire more lettings businesses.

Under the investment programme, Chestertons is investing in a number of property technology (‘proptech’) solutions that will improve the efficiency of its Anti Money Laundering (AML) checks and increase the speed with which it can process tenancy agreements. With these improvements already increasing its capacity, it is hoping to acquire other lettings businesses in London over the coming year.

It has also taken leases on two new offices – one in Chelsea’s Cale Street, which opened earlier this month, and another in a prominent position in Barnes – and has initiated a wave of branch refurbishments which will see branches such as South Kensington and Camden given a make-over and new teams moved in.

Commenting on the investment programme, new Managing Director, Guy Gittins, said: “This is an incredibly exciting time for Chestertons because, although it is clear that the sales market in London is tough, there are still plenty of transactions taking place and clients are even more keen to work with agents that have experience of working in challenging environments and have the contacts and market knowledge to be able to see transactions through to completion.

“Meanwhile, Chestertons has been well positioned to take advantage of the huge surge in lettings activity in London, thanks to our highly experienced front offices staff working closely with our centralised Tenancy Progression team and expert Compliance department. By introducing more technological solutions to support these teams, we will be able to increase our capacity, improve the experience for buyers, sellers, tenants and landlords and substantially reduce the time it takes to complete transactions.”

Shared: Helen Evison – Helen@theinhouseway.co.uk

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Overseas Property

Why 2026 is the Best Year to Invest in Dominican Republic Land

If you’re eyeing Caribbean real estate, 2026 offers an exceptional window to invest in Dominican Republic land. The country has emerged as the fastest-growing Caribbean economy, creating ideal conditions for land investors. Tax incentives, infrastructure projects, and rising international interest are converging at just the right moment. Whether you’re searching for beach land for sale…
Read More →
Breaking News

Property expert on how to bag the BEST mortgage deal in today’s market

Finding a good mortgage deal in today’s market demands more than just comparing rates. While the average 2-year and 5-year fixed mortgage rates have gone down this year, they’re still higher than rates pre-pandemic. This means those in their current homes will have to pay more than they once were each month, and new buyers…
Read More →
Breaking News

Halloween Named the UK’s Most Popular Moving Day of 2025

Halloween was the most popular day to move house in 2025, breaking the long-standing trend of summer being the busiest time for home moves. We analysed the data and spoke to industry experts to understand why the peak moving day has shifted and why it fell on an international holiday.  Compare My Move reviewed more than 170,000 house moves made in 2025 and…
Read More →
for sale sign london
Breaking News

Industry Response to Halifax House Price Index

Industry response to the Halifax House Price Index December 2025 The latest index shows that: – On a monthly basis, house prices fell by 0.6% between November and December of last year. Annually, house prices were up 0.3% versus this time last year, although this annual rate of growth had slowed from 0.7% the previous…
Read More →
Breaking News

Halifax House Price Index December 2025

House prices in December 2025 were 0.3% higher compared to the same month a year earlier. UK house prices dipped in December • House prices dipped by -0.6% in December, following a -0.1% fall in November • Average property price is now £297,755, the lowest since June • Annual growth slowed to +0.3%, down from…
Read More →
Breaking News

Homebuyer demand returns following Autumn Budget

New research from Property DriveBuy reveals that Bristol, Tyne & Wear, and South Yorkshire emerged as the UK’s most in-demand areas of the housing market following the Autumn Budget, with as many as 61% of homes listed for sale successfully securing a buyer in Q4 2025. Property Drivebuy analysed residential listings data across the nation…
Read More →