Chestertons Acquires London Residential

image illustrating Chestertons_Acquires_London_Residential

Chestertons recently acquired the Northwest London agency London Residential. The deal, which was completed on 10th November, saw Chestertons absorb London Residential sales and lettings business into its existing Camden office. This latest acquisition comes after Chestertons’ recent purchases of east London lettings business, Morgan Randall, and Fulham lettings agency, Snell & Snell.

Guy Gittins, CEO of Chestertons, commented: “We enjoy a strong market presence across north London and this will be further boosted by the London Residential business that has grown an excellent reputation since it was established in 2003.”

Steven Govier, London Residential’s founder and CEO commented: “Nearly 20 years after setting up the business, I am glad to be able to pass it to a company with the history, reputation and vision of Chestertons. Chestertons is without doubt one of the top agencies in London and I know our clients will be in very capable hands and will be able to enjoy the benefits of Chestertons’ impressive processes and scale.

He added, “Selling a business can be a pretty daunting process – especially for an independent business like ours that has no previous experience of such a process - but the team at Chestertons has been incredibly supportive. There were several hurdles that they helped us overcome and they ensured that our clients and staff were thoroughly looked after.”