Marsh & Parson – Peter Rollings leaves:

March 23, 2016

A well known name and face within the UK property industry has decided it is time to retire from his role as CEO of Marsh & Parsons.

Peter Rollings commented on his decision to retire stating he was fortunate to be CEO of Marsh & Parsons and that they were able to grow the brand to be on of London’s leading Estate Agencies and that it holds great potential for future further growth.

 

David Brown will be the new CEO as from today, appointed by LSL whom he had been with for 24 years with strong industry experience. LSL reported the news to The City where an article was released at 9:45AM – Full report is here.

Peter leaves Marsh & Parsons varied agreed payments to include £5m + initial deferred payment. He will also take on a role of brand ambassador for the group.

“Marsh & Parsons articles of association includes a put option, which Rollings has exercised and which results in the transfer of his Growth Shares to LSL. The exercise also results in the redemption of the 2011 loan note.” Quoted from StockMarketWire.com website.

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

to let sign 2025
Letting Agent Talk

Quick Survey for Letting Agents & Property Managers – Chance to Win £200!

A short 2-3 minute survey researching the processes and challenges Letting Agents and Property Managers face in property maintenance and management. As a token of appreciation, all participants will be entered into a draw to win a £200 Amazon or Uber Eats Gift Voucher! https://s.surveyplanet.com/3inqb13s Thank you for your time and insights!
Read More →
Breaking News

Nationwide: Strong end to the year for UK house prices

UK house prices up 4.7% year on year in December Northern regions see higher price growth than southern regions Northern Ireland best performing area for second year running, with prices up 7.1% over 2024 East Anglia weakest performing region, with prices up 0.5% over the year Headlines Dec-24 Nov-24 Monthly Index* 540.8 536.8 Monthly Change*…
Read More →
Breaking News

28.8% of property sales fell through before completion in 2024

The most common reasons for failed sales include the buyer pulling out or failing in an attempt to renegotiate a lower purchase price after a survey (27.3%), the buyer changing their mind and withdrawing from the sale (23.6%), and difficulty getting a mortgage (21.8%). Reasons for failed sales Reason Percentage of failed sales Buyer pulled…
Read More →
Rightmove logo
Breaking News

Rightmove: Busiest ever Boxing Day as home-hunters get ahead of a 2025 mov

Rightmove has recorded its busiest ever Boxing Day for new seller activity, with a record number of Boxing Day properties listed for sale by agents on the 26th December 2024: The number of new properties coming to the market for sale was 26% higher than Boxing Day 2023 The majority (46%) of homes put up…
Read More →
Coastal and sea front property
Estate Agent Talk

The Biggest Factors that Reduce Property Value

If you are looking to sell your home, or if you own a number of properties, then you’ll want to make sure that your sale price matches your valuation. With that said, there are a number of factors that might affect this. Underpinning Subsidence can be scary if you’re a homeowner. There’s no doubt that…
Read More →
Letting Agent Talk

How to Transition from a Fixed-Term Tenancy to a Periodic Tenancy

Transitioning from a fixed-term tenancy to a periodic tenancy is a common occurrence in the UK rental market. It offers flexibility and convenience for both landlords and tenants by continuing the rental agreement on a rolling basis once the fixed term ends. Whether you’re a landlord managing a property or a tenant seeking clarity, Martin…
Read More →