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TODAY'S OTHER NEWS

Further expansion for UK agents

A number of UK estate agents have announced further expansion and investment.

Lincolnshire agency Pygott and Crone, winner of Sunday Times Estate Agency of the Year 2014, has announced a £750,000 investment plan, regenerating the entire firm including offices, marketing and IT.

Part of the expansion is a new headquarters in Sleaford opening in October, which will cost around £350,000.

The firm is also refurbishing a nearby building to form a call centre which is set to open later this month.

"The main thrust is the whole new central office in Sleaford. It'll be a state-of-the-art office for all our disciplines: residential, agriculture, lettings and financial services,” says Kevin Scrupps, senior partner at the firm.

“We had a five-year plan to trade out of the recession, we traded out of that without closing anything and gradually in the past two years we have invested in staff and structures."

In London Fyfe Mcdade has opened a fourth office in Waterloo to complement its existing branches in Shoreditch, Bloomsbury and Islington.

The office will be headed up by Emma Fildes, who previously ran the company’s Islington branch, and will have a specific focus on the new homes market.

Carl Schmid, Managing Director at Fyfe Mcdade, comments: “This expansion into Waterloo reflects the success we have enjoyed as well as our desire to develop and grow, particularly within the new homes market.”

Emma Fildes adds: “We look forward to providing our thoughtful customer and client led service to this audience, offering an exciting alternative to corporate agency south of the river.”

Meanwhile west London agency Mountgrange Heritage has opened a new flagship office in the heart of Notting Hill.

The firm, which was founded in 1999, has three other offices in Kensington and Bayswater.

“We are delighted with our new Kensington Park Road home. The move is just one part of Mountgrange Heritage’s continued investment and expansion of the business and with the new office in one of west London’s best Notting Hill locations, it will encourage higher footfall and more exposure for our clients’ properties,” says Liz Thomson, one of the firm’s directors.

  • Daniel Roder

    Congratulations to the companies involved, but they should be wary of the fine line between expansion and over-exposure (as Foxtons regularly show us).

    Also, most of this expansion is taking place in some of Central London's trendier destinations. I'm not sure if that's a good or bad sign, given the craziness of that particular market.

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