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Gloucestershire Business News

Estate agent invests in new Cheltenham office

Gloucestershire estate and lettings agent Move has made a bold move to expand by opening a new office in Clarence Parade, Cheltenham.

Founded in 2013 by George Tatham-Losh, a former Young Businessman of the Year, the company is said to have gone from strength to strength. 

With another office in Cheltenham and one in Gloucester that opened in Spring 2018, Move said this further investment shows confidence in the strength and the future of the property market in the county.

"Despite the challenges of the pandemic we have managed to grow," said Mr Tatham-Losh.

"When we first launched, we promised to offer a new and fresh approach to property sales and lettings and it is this approach combined with investment in technology and hand picking what we consider to be the best property professionals in the area that has seen us prosper".

Coinciding with the opening of the new office, the founder of Move made a number of predictions about the Gloucestershire Property Market.

He said: "Growth in sales prices reached a six-year high of 7.3 percent in December, according to the Nationwide House Price Index, following six consecutive months of jumps in the rate of annual price growth.

"Move expects activity levels to remain buoyant, fuelled by the stamp duty holiday, homeowners desire for more space and historically low, affordable new mortgage rates. They are likely to dip though when the stamp duty ends.

"November and December mortgage approvals for home purchases rose to the highest level since summer 2007, according to the Bank of England's (BoE) latest money and credit data. This could be further boosted by the low deposit mortgages that formed part of yesterday's budget.

"Existing property portfolios owners will look to expand their portfolios and some will dip their toe into the water, prompted by strong returns, demand for rental properties and attractive finance options."

When asked what his secret was, Mr Tatham-Losh said: "There is no secret really. We simply put our clients first and our reputation for that and top results has spread by word of mouth. Whether people are selling or renting their property, we give find them the very best deal and give them the very best service.

"I am excited about the future prospects and what we can achieve with this new office. I also don't intend to stop there and expect us to grow more and expand our reach".

For more information about Move and the services they provide, please visit https://move.uk.net, email info@move.uk.net or call 01242 257333.

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