Foxtons star agent jumps ship to rival firm Chestertons

Chestertons has appointed Ian Barrett (main picture), Foxtons’ former South Kensington Operations Director, as Sales Director for its Kensington branch.

With over 20 years’ experience in the property industry, Barrett has extensive knowledge of London’s property market with a proven strong track record in the Royal Borough of Kensington and Chelsea.

TURNOVER

Prior to his role at Foxtons, Barrett opened Marsh & Parsons’ first office in the borough – which exceeded its target turnover for the first year by 88% – before moving on to Dexters.

Rowland King, Chestertons’ Head of Prime Sales, says: “As one of Chestertons’ oldest branches, our office has established itself as a trusted choice for house hunters in the area.

“Our team is particularly driven to achieve the best results for our clients and I have no doubt that Ian’s experience, passion for the area and leadership skills will contribute to our branch grow further.”

Barrett adds: “If you have worked in the industry for as long as I have, you will know that Chestertons has an excellent reputation. It’s exciting to now be a part of such a highly esteemed brand and I look forward to utilising my knowledge and working with the team to further strengthen our presence in Kensington.”

Meanwhile, the London estate agent, which The Neg reported last week is sponsoring this weekend’s Polo in the Park Tournament, says that London’s Summer Rental Market will be one of the most challenging for Tenants.

Adam Jennings, Chestertons’ Regional Lettings Director for Southwest London, says: “With many landlords having sold their investments over the past few years, and many experienced tenants negotiating in order to extend their tenancies to three years or more, there will be far fewer properties available for all of these new tenants.

“This will create one of the most competitive markets that we’ve seen and is likely to nudge prices up further.”