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
Labour to enforce entry to your home for Property Mansion Tax?
As Labour take a tighter control on UK citizens and further explore taxes to impose – The latest trending topic discussed is the suggestion that they wish to send officials out to homes they serve in order to value and impose the mansion tax. If the group of unprofessional leaders in charge couldn’t slip any…
Read More 
Public Sentiment Favours Social Infrastructure Over Housing Resistance
Britain is more YIMBY than NIMBY, as social housing tops consumers’ housing policy priorities More than two in five UK adults support new homes being built within three miles of where they live (43 per cent), nearly twice the proportion who oppose local development (22 per cent) Building social or affordable housing is the…
Read More 
Homebuyers are Prioritising Wi-Fi Over Good Schools
One in four Brits would reject a home over potential slow broadband Almost half (45%) of recent and prospective home movers rank broadband among their considerations when choosing a home, much more so than local schools (26%) Over 1 in 3 (37%) don’t feel settled into a new home until their Wi-Fi is working. Of…
Read More 
Landlord returns reach almost 7% in some areas
Landlord returns reach almost 7% in strongest rental markets, but protecting those returns is just as important as generating them The latest analysis by The Letting Partnership has revealed that rental yields are reaching almost 7% in England’s strongest-performing markets, but the firm has warned landlords that generating a healthy return is only half the equation,…
Read More 
Portfolio landlords now control almost half of England’s private rentals
A changing landlord landscape is being shaped by wealth creation, lifestyle flexibility and a more professional approach to property investment. A new generation of investors are entering the market driven by long-term wealth creation, lifestyle flexibility and a more business-minded approach to property ownership, according to John Minnis estate agents. While the latest English Private…
Read More 
Commuter growth peaks in the north as Manchester and Glasgow lead the way
New analysis from the UK’s largest property platform Rightmove, reveals the commuter hotspots around six major cities where average asking prices are rising the fastest Affordable commuter locations around Glasgow and Manchester lead house price growth Falkirk, Stirlingshire, has the highest price growth at +13.5%, with an average asking price of £183,596 While asking prices…
Read More