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TODAY'S OTHER NEWS

Agency branch openings after rebranding and acquisition

An estate agency in St Albans has rebranded as Fine & Country.

JW&Co Langleys office in St Albans was acquired by Tom Smith in 2014 but is now joining the Fine & Country network.

“We have established ourselves as one of Hertfordshire leading independent estate agents and have a long and successful record of providing a comprehensive service to our customers in both residential sales and lettings” he says. 

“I feel the St Albans property market is very well positioned to maximize the exposure and marketing Fine and Country can offer” he adds. 

There will be three full-time sales staff and two lettings team members, including co-owner Jack Smith.

Tom Smith says that in the last 10 years St Albans properties have seen an average increase in value of over 50 per cent, with the average property price in the area hitting £616,000.

Meanwhile a seaside agency has made its second acquisition in two years to become what it describes as Worthing’s largest sales and lettings company. 

Michael Jones & Company has snapped up independent agency Curtis & Sons: the merged companies will now trade as Michael Jones & Curtis.

The acquisition comes off the back of the recent letting acquisition of Bacon & Co in 2017, which is presently integrated into the group as Michael Jones & Bacon.

Managing director Mike Jones, who established his company 28 years ago, comments: “As a business we see real value in growing and developing our sales and rental business. 

We are currently approaching our initial target of 2000 fully managed properties in lettings and our recent acquisition will significantly strengthen the residential [sales] side of our group. We are actively looking for other acquisition opportunities in the area as it is an important part of the groups growth and expansion plans.” 

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