The independent Essex estate agency Beresfords is celebrating its 50th anniversary next week - and is doing so in style with the opening of its 16th branch.
In a vote of confidence for the benefit of High Street offices, Beresfords’ latest branch is next to Harold Wood railway station: this is a key commuter hub for trains to London and in the near future will be a stop on the Crossrail Elizabeth Line service.
This latest opening follows the recent doubling in size of the firm’s High Street Maldon office having recently acquired the freehold of the whole building, while earlier this year the company relocated two of its most successful offices to higher profile positions in Shenfield and Brentwood.
In turn the Brentwood move freed up a unit which gave the firm the opportunity to expand its mortgage business, Flagstone.
“We’re finding an Indian Summer of our own in the Essex property market with record website traffic and a significant increase in sales since the schools went back” says chief executive Paul Beresford.
“Property demand tends to be a bit like a revolving door, as some people go out, others come in. Increased taxation has led to some landlords leaving the rental sector reducing supply and leading to higher demand for those that remain but many of those properties are in the first time buyer sector” he continues.
“That wider choice along with incentives such as the Government’s Help to Buy scheme has certainly fuelled confidence. So far this year over one in five buyers registering have been first purchasers, up from 14 per cent just three years ago.”
Beresfords is Essex’s largest family owned independent estate agency was established in 1968 by RD and EG Beresford as an independent practice in Upminster.
Current chairman and managing director Paul Beresford joined the original office in 1975.