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TODAY'S OTHER NEWS

50-year old regional agency group announces latest acquisition

A regional agency operating across Oxfordshire and Buckinghamshire has announced an acquisition which adds two branches to its network.

This week, Alexander & Co has purchased Ella Homes, expanding its branch locations to include Buckingham and Winslow.

Ella Homes will continue to operate under its original name and will retain its current team.

"We’re thrilled to have Ella Homes join us," says George Thomas, Alexander & Co group chief executive.

"Existing customers of both Alexander & Co and Ella Homes will [now] have access to more high street branches, plus the benefit of increased marketing and access to a wider pool of investment opportunities."

He says Ella Homes' local expertise and experience will be 'extremely valuable' assets for Alexander & Co as the group strives to keep the 'personal touch' at the centre of its offering.

Alexander & Co opened its first office in Dunstable almost 50 years ago and has grown to employ over 70 staff, representing over 3,000 landlords and 1,000 buyers and sellers.

Last year, five of the group's agency brands - Bannisters in Bicester, Claire Lloyd Properties in Aylesbury, Hartwells in Aylesbury and Wing and Baker Pearce in Harrow - were all brought under the Alexander & Co name.

The group says it is set to launch several new services in 2020, including an online system where landlord clients can access property inventories and rental statements, while monitoring the status of maintenance issues.

  • Andrew Stanton Estate Agency Insights Strategies

    Congratulations to both parties, living in Winslow I am fully aware of Ella's local dominance in the rental sector and the reputation of George Thomas's operation. In fact with the Wilkinson Partnership also based in Winslow headed up by Simon Wilkinson, with a second office in Leighton Buzzard, which has won multiple awards and deals with top end property and land and development, I am blessed to be in an oasis of estate agency excellence.

    Whilst there is definitely change within the property industry, and much debate about its future, with online agents, proptech, and millennials and generation zero re-shaping how business is done. It is telling that when I walk my dog Zara around a village like Winslow, what the general public actually want is great service, provided by local sales professionals who are rooted in the community.

    Word of mouth recommendations and peak performance, year after year, solid and uncompromising, is the way that many leading independent agents continue to thrive, their aim is not dreaming up the next best thing in the industry, it is to cater for the needs of the clients, by listening to their needs and delivering.

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