Marsh and Parsons Continues Branch Expansion

London estate and letting agent Marsh & Parsons – part of LSL Property Services Plc – has opened another new branch, an industry website reports.

The new branch at Streatham Hill comes hot on the heels of the launch of Marsh & Parsons new branch in Willesden Green just two weeks ago.

The Willesden Green branch is aiming to make inroads into the local market by offering zero commission on sales and lettings until June and the Streatham branch offers a similar incentive.

Patrick Littlemore, Chief Executive at Marsh & Parsons, commented on the opening of the Willesden Green branch: “Our continued expansion in carefully selected London locations, in line with our stated strategy to grow our office network to 36, reinforces our confidence in the long-term health of the London market.”

LSL announced a major branch closure programme for its Reeds Rains and Your Move brands earlier this year. The market in London, especially for sales, is tough right now and most agents seem to be sitting tight rather than expanding. So many experts will be intrigued by what seems like an aggressive expansionary policy for Marsh & Parsons. Is it a desperate attempt to grab a bigger share of a smaller market or a sign that LSL genuinely believes the London market is set for an upturn?

What is DealMakerz Prime?

In depth stories

Want to know the story behind Britain's latest property mogul? Why a company is going bust? Our coverage goes beyond run-of-the-mill news on key real estate issues.

High powered community

Our subscribers are made up of the most influential Founders and CEO's in UK property. Gain a competitive edge and get informed - read what they read.

Exclusive guest articles

Understand exactly what the most senior figures in UK property are thinking. Exclusive opinion articles from powerful real estate influencers that move markets.

Source The Negotiator
You might also like