Business & People
Chestertons buys up Morgan Randall’s lettings business
31-branch Chestertons takes on well-known East London agency's staff and 'substantial' lettings book, but not its branches.
Rightmove names new finance chief
Alison Dolan starts as CFO in September, on a base salary of nearly £400k.
Winkworth reports busiest July in five years
100-office network notes a ‘significant recovery in sales interest’ as Chancellor’s stamp duty holiday ‘turbo-charges’ the market
Purplebricks‘ UK revenue tumbles 11%; instructions down by nearly a quarter
Hybrid agency says it is ‘emerging through the Covid-19 pandemic in a very strong position’, with a healthy cash balance of £66m and a focus ‘fully on the UK’
Fine & Country plans to become ‘the largest premium estate agency in the UK’; appoints a new Director to help make it so
F&C Leamington Spa boss Jonathan Handford is now a Director of Fine & Country UK.
Challenger portal Openbrix to launch next month
‘Next-gen’ platform promises to offer ‘great value’ and a blockchain-powered multi-listing service...
John Lewis is considering turning surplus retail space into homes
"We are exploring with third parties the concept of new mixed-use affordable housing," says the John Lewis Partnership in a strategic review.
AI-driven construction management tool raises $16m
British/Israeli tech firm promises "to solve a challenge that for many seemed unconquerable", says investor.
Beauchamp Estates launches new base in Saint Tropez
International super-prime agency now covers all 71 miles of the Cote d’Azur.
Estate agents’ average commission fee rises to 1.5%
Agents in Kensington & Chelsea tend to charge a higher percentage than anywhere else in the country (2.32%) and earn the highest commission amount per sale (£32,430).
Marsh & Parsons’ Kensington sales boss returns to Knight Frank
Matthew Hodder-Williams has been recruited by his former agency to run one of its branches in Kent.
Fine & Country builds prime London presence with nine new licenses since May
The upper-end estate agency brand has added outposts in locations including Belgravia, Islington, St Johns Wood and Holland Park.