Leading London Estate Agency Dexters Remains Bullish on Property Market Despite Challenges

…By Henry George for TDPel Media.

The company, which operates 150 offices in the capital and owns the Marsh & Parson brand, reported a 3% increase in revenue to £147.1 million in 2022, with profits slightly down at £37 million.

Additionally, the sales market has remained resilient, benefiting from a strong performance in 2021, supported by the Government’s temporary stamp duty relief measures.

The average five-year fixed residential mortgage rate today was 5.87%, up from 5.86%.