Estate Agency News

Property consultancy has made a brace of senior hires from Sotheby's International to grow its estate agency business in W1.

Ashley Conaghan has over 10-years’ experience in the property industry and has managed multiple client services departments.

Fiona Mongey has moved to Marsh & Parson after 18 years with Bective.

KFH gave all its full-time employees an extra £750 last month.

Hamptons' owner maintains a 10% share of the UK estate agency market.

Douglas & Gordon has reportedly called in administrators, a year after the property sales operation was offloaded by Foxtons.

But competition amongst British property brokers is fierce, meaning average earnings per agency are lower than in some EU nations.

Lomond has made 40 estate agency acquisitions in the last two years.

'With the number of UHNWIs in Monaco set to rise by 23% in the five years to 2026, it makes complete sense for Knight Frank to strengthen its presence in the market,' says Edward de Mallet Morgan.

LRG-owned London estate agency has teamed up with other local businesses to foster a sense of neighbourhood in West London.

Knight Frank's Harrogate office went independent last year, becoming North Residential under the watch of seasoned directors Harlan Pollitt and Daniel Rigg