Company Tag: Dexters

‘Large increase in deals’ delivers a 32% jump in revenue and a 75% leap in operating profit for the 70-branch firm

"Increased digitalisation of our London lettings business using Howsy’s innovative 'smart tech' will help Dexters scale up our residential lettings service," says estate agency boss Andy Shepherd.

High-profile London estate agency has picked up two sales/lettings firms in South East London, continuing a spate of agency consolidation and acquisition activity in the capital.

Dexters' latest company accounts shine more light on its acquisition of Wetherell in 2019, as well as on business performance in the year to September 2020.

Dexters has made its first acquisition since securing multi-million pound private equity backing, snapping up well-known two-branch estate agency Roy Brooks.

Oakley Capital is pumping "up to £130m" into London estate agency Dexters, to fund a significant expansion to 100 branches.

Dexters says it has been agreeing 330 lets every week in January, and has 36,700 prospective tenants on its books - up 48% on last year.

‘It can't be right to have house movers and their removals vans queuing up in March trying to beat the deadline in the pandemic lockdown’, says CEO Andy Shepherd, as the the agency puts forward a ‘practical solut…

Dexters plans to open six new estate agency branches in London this year, as it forecasts strong growth in both prime sales and lettings markets.

Rapidly-growing 70-branch agency is expecting turnover to rise by 18% to hit £125m in 2021.

In Pictures: Lerpinière House is one of the most expensive rental properties in the area.

Dexters has moved into the Douglas & Gordon flagship on Sloane Avenue.