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Hamptons International

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Hamptons International services include sales, lettings, residential developments, property management and mortgages.

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Sales, Lettings

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News Wall: (5)

Buildington
2011/03/25 16:45

Hamptons International responds to Budget announcements

Nick Vaughan, Head of Residential Development and Investment at Hamptons International: “Today’s announcement to support first-time buyers is a step in the right direction to bring stability and growth back to the housing and, in particular, the development market. The changes will mean, subject to conditions, that a first-time buyer can buy a new-build property at a significantly more affordable loan-to-value rates rather than current rates which are currently pricing this type of purchaser out of the market.

Typical model:
Apartment Price = £200,000
Deposit at 80% LTV* = £40,000
Size of Gov’t loan at 80% of deposit = £32,000
Amount FTB** has to put as deposit = £8,000
As a % of value of apartment = 4.00%
*LTV = Loan to Value, **FTB = first-time buyer

The devil will be in the detail however. If implemented correctly, the re-introduction of the first-time buyer into the new build market, will further aid the recovery of this part of the market. The knock-on effect should be the further reinvigoration of the development and house-building sector.


Marc Goldberg, Head of Sales at Hamptons International: “With previously announced changes such as increased taxation, five per cent Stamp Duty for £1m+ homes and an increase in National Insurance contributions all about to take hold, it is refreshing to hear some good news from the Government with their commitment to help first-time buyers.

“The £250million injection announced today will grow the number of potential purchasers in the lower levels of the housing market, bringing more people onto the property ladder.

A lack of mortgage finance, particularly impacting first-time buyers, has hampered the property market since 2008. This measure should therefore provide some impetus for this sector of the market.

Mortgage finance for the mainstream property market remains tight, which continues to adversely impact the market as a whole. Any further Government measures to encourage more lending from banks would be welcomed.”


Adam Challis, Head of Research at Hamptons International: “The number of first-time buyers fell to a record low in 2010 and this is largely a result of difficulty in qualifying for a mortgage. We are therefore encouraged by this initiative which could help up to 10,000 first-time buyers. First-time buyers are vital to a healthy residential market as they normally represent a significant part of the housing market, but slumped only 17 percent of all loans in 2010.

This programme is also targeted at new build properties, meaning that there will be additional benefits to the house building sector. The number of house completions fell below 150,000 across the UK in 2010, 60 percent of the estimated need"

Source: hamptons.co.uk

Buildington
2011/10/03 10:26

Hamptons International has announced the launch of an exclusive new short-let service called “Sport-Lets”. The service, which launches today, will provide landlords with the opportunity to rent their property for short periods of time, from one week. The new service offers an innovative and flexible rental solution for those who live in close proximity to sporting events and want to make potentially significant returns over a short space of time.

At a time when more than a million visitors will descend on London during the Olympics next year, the new Sport-Lets service will allow landlords to take advantage of the surge in demand for short-term accommodation. A Hamptons International website poll* suggests that almost a quarter of people visiting London for the Olympics next summer intend to look for short-term rental in London.

Hamptons International will also offer the Sport-Lets service to the Corporate Services and Relocation markets, which have shown a constant demand for short-term lettings properties as well as significant demand for London property throughout in summer 2012.

Kate Eales London Lettings Director at Hamptons International commented: “Hamptons International has seen increasing demand from landlords who are looking for a professional and established agent to help them capitalise on short-term demand for local property during various sporting events such as the 2012 Olympics. The Hamptons Sport-Lets service will provide the ideal solution for opportunistic landlords who can offer good-quality stock and want to maximise their rental potential.”

Buildington
2012/01/03 13:46

Hamptons International, one of the premier residential agencies in the UK, is opening a flagship Sales and Lettings branch below its corporate headquarters at 32 Grosvenor Square.

The new flagship branch, which launches on 3rd January, will be led by Adam Bishop as Sales Director. Adam has been with Hamptons for almost 10 years and has 20 years of experience in the Central London property market. He will be supported by Nicholas Austin, who has five years experience in estate agency and Tanya Mentzis, who has been working in the Prime Central London property market for the past eight years.

The Lettings division will be led by Chantelle Willey from Hamptons International’s Chelsea office, who has five years of experience in the London lettings market. She will be supported by Clare Stott as Team Coordinator.

The branch opening marks a further stage in Hamptons International’s expansion plans and further consolidates the agency’s presence in Central London. The Mayfair Branch will work closely with Hamptons’ Chelsea, Knightsbridge, Kensington and Sloane Square branches to ensure a full Prime Central London offering.

As well as opening a Mayfair branch, Hamptons International is expanding its Sloane Square operation with new sales staff and a full branch refurbishment. Nat Wilde will lead the branch’s Sales division and will be supported by an Assistant Manager and two Negotiators.

Marc Goldberg, Head of Sales at Hamptons International comments: “The London property market continues to outperform other regions across the UK, with steady demand for Prime Central London stock in areas such as Mayfair and Belgravia. We are predicting further growth for this market, with a four per cent increase in sales values and a three per cent rental growth over the next 12 months.”

“The opening and expansion of both the Mayfair and Sloane Square branches respectively marks an important step in Hamptons International’s expansion plans, enabling us to further strengthen our presence in this key market.”

“In line with this expansion we are also recruiting for more sales and lettings staff in our Mayfair and Sloane Square branches. If you are interested in joining an industry leader at a pivotal time, please visit www.hamptons.co.uk for more information.”

Buildington
2012/02/06 21:04

Hamptons International is bringing its award winning Sales and Lettings services to Ealing with the opening of its first branch in the area. The new office will be centrally located at 20 The Mall, Ealing.

The branch opening marks a further stage in Hamptons International’s expansion plans this year and follows on from the opening of a flagship Mayfair office earlier this month (January). The Ealing branch will work closely with the Chiswick and Richmond branches to increase Hamptons’ footprint in West London. The main postcodes it will cover will be W5, W13 and W3.

The new branch, which opened on 31st January, will be led by Matthew Gilbert as Sales Manager. Matthew has been working in the estate agency business for 11 years and has extensive experience in the West London property market. Matthew will be supported by Senior Negotiator, Mark Peppin, who has worked in the Ealing market for the past five years and Negotiator, Alex Cater, who has a wide range of experience in the property industry including lettings and property management.

The Lettings division will be headed by Michael Quinn, who has over a decade of estate agency experience, including five years in the London lettings market. Michael will be supported by Lettings Negotiator Demelza Francis who is local to the area and has an extensive knowledge of Ealing. Hannah Stevenson will be Team Administrator for both the Sales and Lettings divisions.

Marc Goldberg, Head of Sales at Hamptons International, commented on the Ealing branch opening: “Despite uncertainty in the property market at the moment, the West London property market continues to perform well, driven by the increasing numbers of Central Londoners migrating outwards in order to get a better quality of life and value for money. Ealing marks an important step in our expansion plans for 2012 and strengthens our presence in the West London area."

Matthew Gilbert, Sales Manager at the new Ealing branch, said: “We’re really excited about opening our doors to the Ealing property market. Ealing itself enjoys a thriving family market, due its excellent variety of primary, secondary and private schools as well as its green spaces and amenities.

“The area is also popular amongst young professionals who are attracted by the easy transport links in to Central London and the quality of life the area offers. We’re really looking forward to establishing ourselves and serving the local community with our award winning property services.”

Michael Quinn, Lettings Manager at the new Ealing branch added: “The Ealing Lettings branch will work closely with the Sales team to cater for all of the needs of the local market. The Ealing lettings market is fast moving, with a high demand for one to two bedroom properties from young professionals and we relish the opportunity to establish ourselves as market leaders in the area.”

The new branch comes at an exciting time for Hamptons International, which is planning to expand further in 2012. Last year, Hamptons International also won six Sunday Times Awards, including for Best Large Agency, Marketing and Innovation, consolidating its position as one of the UK’s leading residential agents.

Source: www.hamptons.co.uk 03.02.2012

Buildington
2015/05/15 08:59

Leading residential agency Hamptons International (part of Countrywide PLC) has announced that it has acquired Greene & Co, an award-winning estate agency working across North London and the City.

Established more than thirty years ago in West Hampstead, Greene & Co has seven offices across the Capital serving West Hampstead, Maida Vale, Crouch End, Belsize Park, Clerkenwell, Kensal Rise and Queen’s Park. The agency comprises sales, lettings, financial services, property management and new homes and investments. Greene & Co also has a sister company Urban Spaces; a specialist and expert team focused solely on residential loft spaces across London. The acquisition takes in all divisions of the agency and Urban Spaces.

Having led the organisation for nearly 20 years, Managing Director of Greene & Co, David W Pollock, will step down from his role. David is a regular market commentator and is extremely well-known and respected within the industry. He leaves in place a strong management structure who will continue to function as usual and will provide the same high levels of customer service that clients have always enjoyed.

Countrywide PLC and Hamptons International have together identified the strength of the Greene & Co operation and the acquisition therefore reflects their intentions to target only the very best people and estate agencies.

Commenting on the acquisition, Phil Tennant, Chief Operating Officer of Hamptons International, said: “Greene & Co represents one of London’s most successful estate agency brands, with a clear identity and strong market share. The organisation provides a fantastic geographic fit with strong offices in key London locations that will provide a natural link with Hamptons offices in North and Central London. We fully recognise the essence of the company brand and how that resonates amongst staff and clients. Furthermore we respect the principles, values, service and day-t0-day ways of working that David has implemented so well, which have in turn allowed the business to become what it is today. We are very much looking forward to sharing with staff and customers of Greene & Co the wider benefits of being part of a larger network, and look forward to meeting our new colleagues and their local communities in due course.”

David W Pollock, Managing Director at Greene & Co, added: “Since joining Greene & Co in 1985, I have seen the business go from strength to strength and am proud have led and managed the company to become one of North London’s most esteemed market players. I have no doubt that under the Hamptons International umbrella; the company will continue to prosper. I believe that they offer the vision, backing and support required to take the business to the next level, and will also offer our valued staff and clients a wealth of opportunity and additional benefits. I know that Hamptons will retain what it is and what it means to be part of Greene & Co and I look forward to seeing the next chapter unfold in the company’s history.”

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