Gateway boosts South East operation following surge in business
National surveying firm Gateway is to further boost its surveying operation in London and the South East in response to a year on year increase in business volumes of 70%.
The firm will be increasing its in-house team and says that the growth is in response to a still robust London property market and a continuing growth in buy to let across the south east.
The firm reports that there is strong demand in London from overseas investors and despite the issues in the Euro zone they are finding that the largest proportion of investment is European, followed by the Middle East and then Asia (in particular China).
Mel Kettle, client services director of Gateway said:
“There is little doubt that Central London remains a hot spot of activity with the picture a little more subdued as you move further out and the stand out sector of the market at the moment is buy to let. Although part of our business growth is due to a number of new client wins it is very encouraging that overall activity is also increasing.
"The building society sector is maintaining good activity levels and the impending end of the stamp duty holidays for first time buyers have all contributed to a strong start to the year.
"Discussions with lenders and estate agents across the region make us firmly believe that this increased level of business is sustainable and that is why we are investing now in building up our in-house team both in London and other areas showing steady demand.”
The firm reports that there is strong demand in London from overseas investors and despite the issues in the Euro zone they are finding that the largest proportion of investment is European, followed by the Middle East and then Asia (in particular China).
Mel Kettle, client services director of Gateway said:
“There is little doubt that Central London remains a hot spot of activity with the picture a little more subdued as you move further out and the stand out sector of the market at the moment is buy to let. Although part of our business growth is due to a number of new client wins it is very encouraging that overall activity is also increasing.
"The building society sector is maintaining good activity levels and the impending end of the stamp duty holidays for first time buyers have all contributed to a strong start to the year.
"Discussions with lenders and estate agents across the region make us firmly believe that this increased level of business is sustainable and that is why we are investing now in building up our in-house team both in London and other areas showing steady demand.”
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