Connells group

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    Latest property news

    Connells Group’s new Training & Development team

    A new Training & Development team has been established at Connells Group, to provide high quality training for the advancement of employees across its estate agency network.

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  • Movers & ShakersGraham Jones image
    Movers & Shakers

    Connells Group appoints a new HR Director

    Graham Jones, is appointed Group Human Resources Director at Connells Group.

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  • Latest property news
    Latest property news

    House prices in London continue nosediving as Midlands and North rise

    Latest Rightmove House Price Index reveals continued tumult in market as high house price frighten off buyers in London and South, but buyers bid higher elsewhere.

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  • Latest property newsConnells Sold board image
    Latest property news

    Connells results: group grabs 6% more market share as it cashes in ZPG shares worth £38.5m

    They say the strongest thrive in difficult markets, and Connells 600 branch network claims to be doing just that, helped by a £38.5m windfall from the sale of its ZPG shares. Parent company Connells Group revealed this morning that it increased market share by 6% last year and now claims to have the largest book of properties for sale in the UK, despite being half the size of rival Countrywide. On the back of this, its pre-tax profits for 2017 increased by 42% to £104.2m from £73.4m, its latest results show. The group also says it has bucked the market and while nationally there has been a 14.7% decline in transactions compared to 2016 – according to the latest Land Registry figures – Connells Group experience only minor slippage. Sales instructions were down by 2%, sales by 3% and exchanges by 4%. The company sells approximately 70,000 properties a year and manages 45,000 lettings with 7,000 staff. Its mortgage division helped too, where income increased by 13%, while lettings income increased by 9% but profits shot up by a third. Land and new homes and conveyancing performed strongly too, as did its survey division where profits increased by 5.4%. “Our…

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  • Latest property newsPeter Alan signboard image
    Latest property news

    Peter Alan acquires Roberts & Co’s lettings

    Wales’ largest estate agent, Peter Alan, part of Connells Group, has acquired Roberts & Co Property Management Limited.

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  • Latest property newsConnells group logo image
    Latest property news

    Connells Group pre-tax profits rise, helped by £17m ZPG shares sale

    Agent giant Connells Group has today reported a strong performance for 2016 including pre-tax profits of £73.4 million, an increase of 17.4% on the year before. This includes £17 million gained from selling some of its shares in ZPG Plc last year. Until then Connells Group had been one of ZPG’s top ten major shareholders with 16.73 million shares held, a million less than Countrywide – the two were part of a trio of agents including LSL to sign strategic partnerships with what was then just Zoopla in 2010. But Connells Group is doing well even with the ZPG windfall taken out. The group, which includes Connells and William H Brown, Barnard Marcus and Peter Alan, says it sold 8% more properties last year, 5% more new homes, generated 44% more income from its land division and 19% more cash via its new homes team. Other indicators twitching wildly include those at its mortgage arranging business where income rose 18% based on a lending total of £8.2 billion and 10% more mortgages arranged. There were also rises in income for its conveyancing and survey and valuation businesses. “All parts of the business delivered a strong performance and, considered alongside the…

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  • Movers & ShakersIan Fry image
    Movers & Shakers

    Connells’ senior appointments

    Connells Group has announced three significant promotions to its estate agency senior management team.

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  • Latest property newsConnells image
    Latest property news

    Outstanding performance by Connells

    In a difficult year for many, Connells announce a half-year profits rise of 15 per cent to £1.3m.

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    Agencies & People

    Celebrating 80 years in estate agency!

    Marc Da Silva meets Stephen Shipperley, Group Executive Chairman of Connells Group about innovation and the art of retaining great people.

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  • Movers & ShakersNik Madan image
    Movers & Shakers

    Nik Madan drives Barnard Marcus growth

    Connells Group has deployed Nik Madan, Connells Group Lettings Development Director, to drive the growth of Barnard Marcus’ Lettings division. Barnard Marcus, part of the Sequence UK network and subsidiary of Connells Group, has 33 lettings offices and aims to extend this by six  more in 2016. Nik, who has spent 18 years in the lettings industry and primarily in the prime central London market, joined Connells Group in 2014 to spearhead the Group’s cold start lettings expansion. He will take over as ARLA President in June 2016. “As well as growing the lettings business across the Connells Group, there will be a focus on taking the already successful Barnard Marcus lettings offering and turning it into the ‘go-to’ lettings agent in London and Surrey,” says Nik. “My aim will be to make the brand synonymous with high quality service and one where we always work in the client’s best interests.”

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