The area of Tower Bridge lies across the river from the city of London, one of the oldest parts of London, with a rich and diverse history. To the east of Tower Bridge is Shad Thames, with its faithfully restored warehouses and wharfs on charming cobbled streets whilst to the North is the famous Tower of London which house the crown jewels. Its location means that many South Bank and Shad Thames residents walk to work in the City or to more London, both of which are within easy reach.
Established in Southwark in 1804, Field & Sons was the oldest independent estate agency in London. With over 200 years of experience, Field & Sons developed an extensive knowledge of the local property market, enabling them to provide a comprehensive service to clients. After acquiring the company in 2014, Dexters has recently completed the rebrand of the offices and is ushering in a new era for the company, combining the respected presence and local knowledge of Field & Sons with Dexters’ extensive reach across the capital.
Dexters is London’s leading independent estate agency, with 28 offices in Central London and over 60 across the capital. Dexters covers the sales and lettings market throughout London, so this partnership means customers will be getting the best of both worlds – the companies’ combined experience and knowledge of the local market coupled with the Dexters brand’s size and strength.
Though the former Shad Thames and Borough offices have been rebranded as Dexters Tower Bridge and Dexters London Bridge respectively, Kennington’s name remains unchanged, and all three offices retain their prime locations with their distinctive features. Fusing the Dexters look with the Listed historical structure of the Borough office has proven particularly successful.
Dexters is still currently incorporating Field & Sons and remains in touch with the database and landlords so as to be entirely transparent with clients. 2017 got off to a strong start for the rebranded offices, particularly at Dexters London Bridge, where the Lettings team have recorded their best week ever. Chris Ferguson, Lettings Director at the office, states “We are currently registering over 200 corporate tenants every week through our dedicated corporate services team based in Mayfair. Our landlords are really seeing the benefits of this high level of demand, which is helping us to achieve good prices and secure stable long-term tenancies.”
Overall, Dexters reported a record week for sales in January, continuing the momentum generated in the last quarter of 2016. Andy Shepherd, Managing Director, comments “We’ve hit the ground running this year. The uncertainty surrounding the property market on the back of Brexit that has been dominating the news is having little impact on our market; buyers and tenants are out in force. We booked over 16,000 viewing appointments for buyers in January and almost 10,000 for tenants, showing that people are still moving forward with their property plans in the face of ongoing political uncertainty and legislative changes.
“As a London agent, we find that buyers and investors take a long-term view, recognising that the capital is unique in its position as an acknowledged safe long-term investment. Landlords have not been put off from entering the sector and tenants are choosing to stay put for longer; our average tenancy is 18 months, but this year we’ve already seen an increasing number of three-year rental agreements.
“We have every confidence in the year ahead, so much so that we are continuing to expand our business to provide greater choice and coverage for our customers.”
Today, the Thames meander, that lazy loop of water between Tower Bridge and the Thames Barrier, is one of the biggest residential building sites in the capital. South of the river is regeneration central: newly fashionable Bermondsey and Deptford, well-on-its-way Rotherhithe and, of course, the Greenwich Peninsula, home of the Dome. North of the Thames, there’s Canary Wharf, the financial district that some say has eclipsed the City, the still Dickensian Limehouse and yet more regeneration in Leamouth, Blackwall, Millwall and Silvertown. Billions of pounds’ worth of investment is being pumped into the area, transport improvements are promised — and these disparate locations all have a front-row seat on the river as it heads out to sea.