Last month’s Stamp Duty rush before the April 1^st cut-off has been a bumper if not frustrating time for many estate agencies and particularly so for national group Spicerhaart.

The company, which includes several leading high street brands including Haart, has reported the most profitable month in its history for March.

It has revealed a 27% increase in first quarter revenue compared to the same period last year, helped by a 67% jump in sales volumes and mortgage activity up 24%.

The rush to complete hasn’t damaged its sales pipeline, which remains 10% up as it enters the second quarter of the year.

“This extraordinary result is a testament to the passion, dedication, and resilience of every single member of the Spicerhaart family,” says Paul Smith, Founder and Chairman of Spicerhaart.

“It reflects the power of our culture, the strength of our strategy, and the momentum behind our mission to lead the industry from the front.

Acquisitions

“We are continuing to grow – both organically and through acquisitions – and we remain focused on delivering exceptional results for our clients while investing in our people, and building an even brighter future.”

Smith also says the latest results are a vindication of Spicerhaart’s strategic direction over the past two years, which has seen closer collaboration across its management teams.

Antony Lark (main image) its joint CEO, adds: “In recent months, we’ve strengthened our leadership with several key appointments, including a new joint Managing Director for our estate agency division, an acquisitions director, a performance director and a head of creative.”