Chestertons News

COVID-19 advisory

March 2020 Information on Chestertons response to the Coronavirus / COVID-19 outbreak

Chestertons welcomes its first Global Franchise Partner

March 2020 Following the recent appointments of two industry veterans - COO Jamie McMullan and CMO David Russell - to reinforce Chestertons’ commitment to its global franchise proposition; Chestertons is happy to welcome their first Global Franchise Partner, Chestertons Ionian, to the Chestertons family.

Chestertons Polo in the Park

March 2020 Chestertons Polo in the Park is back at Hurlingham Park this summer from Friday 5th to Sunday 7th June 2020. Each day is unique, with plenty of activities and eateries to explore!

Chestertons awarded 'Gold Trusted Service Award'

January 2020 Chestertons have been awarded a Gold Trusted Service Award by Feefo, the online review platform, due to “continued excellence in customer service throughout 2019.”

Chestertons’ Work Experience Hub

January 2020 In partnership with the Rugby Portobello Trust, Chestertons are working to increase the availability of work experience opportunities for young people; in light of the decrease in what used to be a standardised part of the year 10 curriculum in UK education, and the success of previous placements Chestertons has offered.

Chestertons collects 5,000 coats for vulnerable Londoners

December 2019 In Chestertons' sixth year of supporting the Calling London coat drive, we have reached a new record; collecting the highest number ever of coats for vulnerable Londoners. In total, Calling London received over 7,000 donations!

What can you do to help those sleeping rough in the winter?

December 2019 As strong supporters of the homelessness charity St Mungo's, we urge you to take action when you see someone on the streets. Read our full article here to find out what you can do to end homelessness and reduce deaths of those sleeping rough.

Chestertons announces new relationship with Central Saint Martins

December 2019 Chestertons, London’s leading estate agent, has announced a new relationship as part of its arts programme. Its latest backing goes to Central Saint Martins, UAL, the world-renowned arts and design college, to help them raise vital funds for their 2020 Postgraduate Art Programme Degree Show.

Chestertons in the Community

We support a wide range of charities, clubs, groups and institutions and our company and our staff are focused on getting involved, making a difference and having a real impact.

Celebrating one year of First Response

October 2019 The Chestertons funded First Response programme has helped 248 people find shelter or engage with St Mungo's' services in it's first year!

Chestertons Coat Drive

October 2019 Every November Chestertons collaborates with Calling London charity to help collect winter coats for vulnerable Londoners.

Chelsea Physic Garden History Brochure

October 2019 As partners of The Chelsea Physic Garden, Chestertons has put together a history brochure so that friends of Chestertons can learn about the importance of the Gardens, dating back to where it first began.

New Head of International Sales

July 2019 With over fourteen years of industry experience, Dennis Chan, who boasts an impressive property career in sales, marketing, leasing and investments around the world has been appointed as the new Global Head of International Sales at Chestertons International.

Chestertons leads the charge and goes electric

July 2019 We are constantly embracing new technology to improve our efficiency and are very proud to now be using it to do our bit to reduce pollution and improve air quality in London

Chestertons and Calling London surpass coat donation target

December 2018 In Chestertons’ fifth year of supporting the Calling London Winter Coat campaign, the total number of coats received by the charity reached a record number, with over 5000 coats and fleeces collected. With Chestertons opening its 33 branches as donation points for the campaign, around 3000 of the final 5000 coats collected, were done so via Chestertons’ branches.

Chestertons Global Network Grows

September 2018 Our growing network currently includes 120+ offices in 20 countries, spanning 5 continents. In addition to our growing network of Middle East branches, we have a strong international presence with offices around the globe covering the UK and Europe, reaching as far as Canada, the Caribbean and Singapore.

New HMO Criteria

September 2018 From 1st October 2018, the criteria for large Houses of Multiple Occupation (HMOs) will change. Currently rental properties with five or more tenants, that make up two or more households with three or more storeys are classed as large HMOs, requiring a local authority license. Are you affected?

Launch of First Response

August 2018 Chestertons has funded a ground-breaking new programme set up by our charity partner, St Mungo’s, to help reduce homelessness in London by getting more Londoners to volunteer.

Payroll Giving Diamond Award

August 2018 For the third year in a row, Chestertons has been recognised for our outstanding implementation of the Payroll Giving fundraising initiative. We have become one of only a small percentage of companies across the UK to be awarded the Diamond Quality Mark due to support of employees’ charitable contributions throughout the year.

New Head of International Valuations

July 2018 Chestertons has strengthened its team with the appointment of Adam Wilson as Director of International Valuations.

Chestertons Berkeley Announces Partnership In China

July 2018 The Berkeley Group announced today that it has tapped UK real estate brokerage firm Chestertons for the marketing and sales of its products in mainland China, particularly its collection of luxury developments located near some of London's top universities. The move allows Berkeley, the UK's premier residential developer, to take advantage of Chestertons' expertise in promoting international proje

Chestertons' Charity Golf Day

July 2018 Chestertons’ 4th annual Charity Golf Day saw nearly 50 players take on the grass at Malden Golf Club. A mix of Chestertons’ staff, clients and suppliers, the day is held every year in order to raise money for our charity partner St Mungo&

Chestertons, 한국에서 새로운 파트너 확보''

July 2018 Chestertons has signed an agreement with the South Korean real estate giant, PAC, to launch Chestertons Korea, cementing a foothold in new East Asian markets. PAC runs 11 offices across various locations including Seoul, Busan, and Gyeongbuk and currently employs 160 employees, ranging from valuation specialists, estate agents, and property managers. Its core services mainly focus on the commer

A Look Through Time

April 2018 Chestertons has a long and distinguished history, serving the upmarket neighbourhoods of the London residential property market since 1805.

Chestertons on all four major property portals

April 2018 We are proud to announce that our property listings are now live on Zoopla and Prime location, meaning Chestertons now advertise on all four property portals. This provides Chestertons’ vendors, landlords and brand with maximum exposure;

Chestertons and Ernst & Young

March 2018 Chestertons and Ernst & Young LPP are now working together to provide you with professional, personal tax services.

Platinum Payroll Giving Quality Mark Award

September 2017 Chestertons' 4th annual Charity Golf Day saw nearly 50 players take on the grass at Malden Golf Club. With a mix of Chestertons' staff, clients and suppliers, the day is held every year in order to raise money for our charity partner St Mungo's.

Gas Safety Week

August 2017 The dangers of poorly maintained gas appliances, which can lead to gas leaks, fires and carbon monoxide poisoning, are all too real, which is why it is vital that people make sure their gas appliances are safety checked every year by a Gas Safe Registered engineer. It is thought that more than one in five homes contain a dangerous gas appliance. By not having these appliances checked every year

Will buy to let tax changes create the next pension crisis?

August 2017 Recent changes to the way buy-to-let properties are taxed could trigger 'the next pension crisis' as landlords are becoming ever-reliant on their investment to fund their retirement years, according to the National Landlords Association (NLA). Figures from the Office for National Statistics (ONS) estimate the average retired household spends £21,770 a year. With the basic state pension cu

The value of the pound in 2017

July 2017 One of the most provocative topics affecting the pound's value, is of course Brexit. For example, when the post-referendum rhetoric was tilted towards a 'hard Brexit' the pound fell and on talk of a 'soft Brexit', the opposite happened. These fluctuations have clearly shown how the uncertainty which surrounding a move towards a hard Brexit is likely to impact on the economy negatively. As a res

Minimum Energy Efficiency Standards are coming

July 2017 According to government figures, one in 10 rental properties, equating to more than 400,000 properties in England and Wales, could be unlettable if they fail to meet new energy performance standards by spring 2018. From 1 April 2018, privately rented properties must have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for

Bank of England warns over 35 year mortgages

July 2017 According to figures from the Bank of England, one in seven home buyers (15.75%) are signing up for mortgages of 35 years or longer – a notable increase on 2005, when just 2.7% of buyers took terms this long. In contrast, traditional 25-30 year mortgages have dropped, from 38% of approvals in 2005 to just 24% today. Although mortgages lasting 35 years or more have been available for a lon

Chestertons Golf Day raises 3k for homelessness charity

July 2017 London and international residential property specialist Chestertons has raised over £3,000 at its annual Charity Golf Day in support of its nominated homelessness charity, St Mungo's. This year, over 40 players, which included Chestertons' staff, clients and suppliers, attended Malden Golf Club in New Malden to take part and help beat last year's total of £2,500. Competitions were

Buy to let tax changes will start to impact on the smaller landlord

June 2017 Buy-to-let tax changes will start to impact on the smaller landlords who are just single property owners, as they may soon be in a higher rate tax bracket with the new taxation rules being introduced on the buy-to-let market.

The impact of Article 50 on currency

March 2017 Sterling slumped against the Euro and Dollar following the referendum result on the 23rd June 2016 and has been held at these lows ever since. Many people expected the vote for Brexit to cause a slump in house price as well but the reverse has actually happened as the market benefited from the influx of international investors looking to take advantage of the weak pound. Company shares in Londo

Annual Tax on Enveloped Dwellings: Valuation changes

March 2017 Since 1 April 2016, residential property in the UK owned within a company structure and valued at more than £500,000 on 1 April 2012, or at acquisition if later, is liable for ATED (the Annual Tax on Enveloped Dwellings).

Chestertons launches Lets with Pets scheme in light of new research

February 2017 Chestertons has teamed up with Dogs Trust to champion the charity’s ‘Lets with Pets’ scheme and is now offering London’s largest selection of rental properties where pets are considered.

Should we be expecting interest rates to rise

January 2017 The majority of economists expect the next movement in Bank Rate is more likely to be up rather than down, barring any major economic shock. The current consensus view is leaning towards 2018 at the earliest but it is still very possible that rates will rise before the year is out and some bookmakers are offering pretty short odds of 5/1 that we will see an increase in Bank Rate in 2017. The

New tax and loan rules

January 2017 Despite a marked dip in the second half of 2016, rental prices have still risen by around 30% since 2010. It has been a strong decade for UK property prices and rental incomes. Despite a marked dip in the second half of 2016, rental prices have still risen by around 30% since 2010. (Back in mid-2016 that figure was closer to 40%.) Low interest rates and regulatory tailwinds have encouraged man

Don't miss the new year surge

December 2016 Between Christmas Day and the first working day in January, Rightmove receives a major increase in traffic. Make sure to put your property market to enjoy the surge. Find out more here.

Chestertons response to lettings fee ban

November 2016 Chancellor pledged to ban lettings agents from charging tenants upfront fees "as soon as possible": Chestertons' response

Chestertons experts turn media pundits as property industry reacts to Brexit

July 2016 Following last month's momentous "out" vote, there has been as you can imagine a huge amount of press and media interest in the property industry's reaction to the result and what it may mean for housing markets. During one of the busiest and most topsy-turvy economic and political times in the world. British post-war history, Chestertons experts featured on the BBC's rolling web cove

Chestertons announces partnership with Royal Greenwich Museums

March 2016 Royal Museums Greenwich becomes another of Chestertons' Community Partners, joining the Royal Academy of Arts, London Welsh Rugby Club in Richmond, Richmond Cricket Club, Dogs Trust and St Mungo's.

Chestertons collects more than 1500 coats for Calling London

December 2015 Chestertons has used its entire network of London estate agencies to collect more than 1,500 unwanted warm winter coats throughout the month of November as part of the annual Coat Drive organised by the Calling London charity. Overall, the charity received more than 2,500 donated coats, up from a total of around 1,900 in 2014. Now in its fifth year, the Calling London Winter Coat Drive collects

The London House

December 2015 Find out more about the city's local property market and the abundance of amenities the area has to offer.

What To Wear at Chestertons Polo In The Park

June 2015 As a sport with a real heritage dating back almost 2,500 years, polo goes hand in hand with style. Polo games are social events where rural freedoms meet cosmopolitan refinery, and timeless elegance is more important than a passing trend. Chestertons Polo in the Park has gone to great lengths to make polo a more accessible sport to a wider audience and generation, but a big part of polo's appeal

Chestertons Announce New International Associate in Toronto

March 2015 We are thrilled to be affiliated with Chestertons. As part of our global strategy to provide international exposure to our fine properties, Chestertons is a perfect fit. Leslie Richman Bender - Harvey Kalles' CEO

Annual Tax on Enveloped Dwellings - February 2015

February 2015 The Government has recently made a number of important announcements with regard to the taxation of residential property in the United Kingdom. The Government has recently made a number of important announcements with regard to the taxation of residential property in the United Kingdom.

Inheritance Tax and trusts - February 2015

February 2015 We summarise below the key changes regarding IHT with regard to property trusts and what the implications are for anyone either currently owning or thinking of buying UK residential property. Whilst the scope of these announcements in some cases has a wider impact, this note focuses purely on the implications as they relate to residential property.

Chestertons Expands in Saudi Arabia

January 2015 Chestertons, has entered into a joint venture agreement with Saudi-based MEDAD Valuation International to further expand its operations across Saudi Arabia.

Autumn Statement 2014

December 2014 With a general election less than six months away, the Chancellor will want to deliver a voter friendly message. However, he is faced with a rising budget deficit and sluggish tax revenue.

Unremitted offshore income and gains used as collateral for obtaining and servicing loans in the UK

September 2014 HMRC has tightened its stance with regard to unremitted offshore income. Nick Barnes, Head of Research HMRC has tightened its stance with regard to unremitted offshore income and gains used as collateral for obtaining and servicing loans in the UK. The changes, which have already been introduced, were made without any prior consultation. What was the old system? There were two possible sour

Inheritance Tax and Trusts - September Update

September 2014 HMRC has been looking at ways of simplifying the inheritance tax system. Nick Barnes, Head of Research Inheritance Tax (IHT) and trusts HMRC has been looking at ways of simplifying the inheritance tax system as it relates to trusts over the past couple of years. The third and most recent consultation, which ended on 29th August, has proposed changes to the current charges system which could h

Property tax update - September 2014

September 2014 The Government has confirmed that, with effect from April 2015, non-resident owners of UK residential property will be liable to capital gains tax in the UK upon disposal of their properties. The Government has stated that pension funds and other diversely owned collective investment funds are not intended to be brought within the scope of the extension of CGT to non-residents.

Average national rents rise by year-on-year in June according to ONS

June 2014 The region with the fastest growth over the period was London at 1.4%. Nick Barnes, Head of Research The ONS Index of Private Housing Rental Prices reveals that average national rents rose by 1.0% in the year to June 2014. The region with the fastest growth over the period was London at 1.4%. The general rental market in the Capital is seeing stronger rental growth (more than twice the rate of

Fun activities to do whilst at home

Whilst schools are closed and the UK faces a lockdown, Chestertons has put together a collection of fun activities for children and adults to complete. We understand the importance of keeping the brain stimulated and the mind entertained, so hope these do just that; for the many days at home ahead.