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15th September 2016

Davis & Gibbs Celebrate Sucessful 2016 (so far)

Davis & Gibbs have acquired a number of Citroen DS's and Audi A3's to celebrate the success so far in 2016. Key staff have received new cars in line with their performance this year.

Stephen Davis Director of Lettings said, "Balham and Oval have had a strong year and figures are up on last year for both lettings and sales. Brexit and stamp duty tax changes have certainly been challenging, however being an established agent with a great core of staff along with our loyal strong customer base we have seen a fantastic and productive year so far. Our staff are very deserving of their rewards and I wish them all the best for the rest of the year"

Davis & Gibbs get some cars Davis & Gibbs get some cars

1st July 2016

Davis & Gibbs do the Euro's

Davis & Gibbs flew out for two great days in Nice. Directors Brian Gibbs & Stephen Davis were accompanied by Carlo Cencherle (Lettings Manager 5yrs) and Chris Doyle (Senior Property Manager 6yrs).

Great weather, food and drinks were had by all. At least when people talk about the worst game of football ever, we will all be able to say, "we were there"...

Davis & Gibbs do the Euro's

1st July 2013

Weath Perspectives Magazine

Read the third issue of the magazine, Wealth Perspectives, presented by Barlow Barton. In the following pages, Industry experts from leading Pension, Investment and Financial Services companies discuss topics such as the cult of the star fund manager and why safer assets have struggled whilst global stock markets have surged.

Download the full magazine in PDF format here.

1st August 2013

Weath Perspectives Magazine

Read the fourth issue of the magazine, Wealth Perspectives, presented by Barlow Barton. In the following pages, Industry experts from leading Pension, Investment and Financial Services companies talk about pension incomes with no limits or caps, automatic enrolment and key elements in global markets.

Download the full magazine in PDF format here.

1st July 2013

Weath Perspectives Magazine

Read the third issue of the magazine, Wealth Perspectives, presented by Barlow Barton. In the following pages, Industry experts from leading Pension, Investment and Financial Services companies discuss topics such as the cult of the star fund manager and why safer assets have struggled whilst global stock markets have surged.

Download the full magazine in PDF format here.

1st June 2013

Presenting Weath Perspectives Magazine

Read the second issue of the magazine, Wealth Perspectives, presented by Barlow Barton. In the following pages, Industry experts from leading Pension, Investment and Financial Services companies share their views on the issues that affect your finances.

Download the full magazine in PDF format here.

1st July 2011

Acton, Oval, Balham Estate Agent Davis And Gibbs Announce The Lettings Market Is Continuing To Boom.

As we approach the busiest period of the year, Davis and Gibbs are pleased to announce the letting market is continuing to boom.

As per last year, the first financial quarter is looking like a busy one. Spring time has always been a frantic period for lettings, and this year is gearing up to be no different. We are seeing property levels increase, and demand continues to grow. Particularly in our offices in Oval and Balham, the demand for lettings property is as high as we've seen in our 5 year history. In Oval, we have significantly increased our stock levels in areas such as Vauxhall, Stockwell, Camberwell, Elephant & Castle, Borough, London Bridge and Waterloo.

We're also stretching our boundaries to try and satisfy the huge demand, and really pushing to take on more stock in areas such as Dulwich, Peckham, Canada Water, New Cross, Pimlico and Westminster. All of these area's are easily serviced by our growing team of committed and enthusiastic lettings staff. In Balham, it's a similar story. More stock that over the last few months, and a massive demand, meaning stiff competition for every property on the books. Rather than a list of 40 flats as we've had in the past few years at this time of year, it's been floating around the 20 mark, but constantly changing as new flats become available and existing flats let.

There is always a good coverage of property in all areas around Balham, including Tooting, Clapham, Clapham Junction, Streatham, Wandsworth, Earlsfield and West Dulwich. As we approach the summer months we expect the same story, so tenants need to be quick and decisive when looking at property, or risk losing out!

22nd May, 2011

Davis & Gibbs have seen normal trading resume after what was a disruptive bank holiday.

Davis & Gibbs have seen normal trading resume after what was a disruptive bank holiday period with back to back bank holiday weekends…. Many agencies shut over this period however we stayed open providing normal service for all our clients and customers and achieving several lets and sales.

We can report that the letting market is continuing to boom with more and more demand pushing up rents. As last year, the first financial quarter is looking like a busy one, spring time has always been a frantic period for lettings, and this year is gearing up to be no different. We are seeing property levels increase, and demand continue to grow. Particularly in our offices in Oval and Balham, the demand for lettings property is as high as we've seen in our 5 year history. In Oval, we have significantly increased our stock levels in areas such as Vauxhall, Stockwell, Camberwell, Elephant & Castle, Borough, London Bridge and Waterloo.

We're also stretching our boundaries to try and satisfy the huge demand, and really pushing to take on more stock in areas such as Dulwich, Peckham, Canada Water, New Cross, Pimlico and Westminster. All of these area's are easily serviced by our growing team of committed and enthusiastic lettings staff. In Balham, it's a similar story.. more stock that over the last few months, and a massive demand, meaning stiff competition for every property on the books. Rather than a list of 40 flats as we've had in the past few years at this time of year, it's been floating around the 20 mark, but constantly changing as new flats become available and existing flats let. There is always a good coverage of property in all areas around Balham, including Tooting, Clapham, Clapham Junction, Streatham, Wandsworth, Earlsfield and West Dulwich. As we approach the summer months we expect the same story, so tenants need to be quick and decisive when looking at property, or risk losing out!

The sales department has been doing well with an increase of buyers resulting in more under offer. We are seeing an increase in first time buyers however the main movers and shakers are Buy to Let investors who are snapping up all the one two and three bed apartments which on average are achieving 6% + yields. Our sales and lettings departments are continually looking for new stock so do not hesitate to contact us for a free valuation.

Davis & Gibbs have branched out and are delighted to announce the opening of their Maintenance department D&G Maintenance which is an in house department which can cater for all existing and new clients. We offer a whole range of property maintenance services and will happily offer you a free quote.

7th April, 2011

Davis and & comments on the Emergency Budget.

The Emergency Budget took place in March and news is slowly filtering through to the mass's, reports indicate that specific sectors of the property industry will get a boost, however we are unsure this will really help the majority of people?? Concessions have been made to help large scale investors; converting their property portfolio into a real estate investment, trust they will no longer incur a 2% charge, also stamp duty will only be charged on the average price per unit not the total transaction cost.

The budget has tried to address issue's with first time buyers by introducing a government backed low cost loans scheme, the government will fund £250m to help first time buyers with their deposits on the basis they buy new build, the general feeling is that this is not really aimed to help first time buyers but geared more towards helping the New Build sector who were affected the most by the decline in property sales over recent years.

Industry experts feel that the government could have done better in helping the property sector with promoting and encouraging more buy to let investments; with first time buyer levels still being low it is the buy to let sector that would help get the market moving in the right direction, especially with an all time high in rents and Paragon trading again, now really would a great time to invest in property.

One positive aspect to come out of the emergency budget is moves the government are making to make it easier to convert commercial premises into residential, reports indicate that it will be easier and quicker to push planning through which long term will ultimately result in more stock coming onto the market which can only help appease the rise in rental demand.

The budget hasn't immediately affected the rental market as of yet, rents are at an all time high with demand heavily out stripping supply, recent reports show that throughout the first quarter of 2011 rents have increased by up to 8% in some area's, and 2010 saw a 22% increase in buy to let mortgage lending.

Davis & Gibbs feel that the key to sustaining both sales and the lettings market throughout 2011 is the introduction of new buy to let investors which will only help increase stock for tenants and help the sales market with the lack of first time buyers.

Davis & Gibbs are constantly looking to source new stock so if you are a landlord looking to achieve current rents we will have tenants ready and waiting, or if you are considering investing in property we will be able to give you sound advice on your new buy to let property, we look forward to hearing from you.

Davis & Gibbs have recently been on a recruitment drive and strengthened our teams across all offices and would like to welcome all new members of staff and we wish them good luck with their new careers in the property sector. Everyone at Davis & Gibbs would also like to wish Stephen Davis (MD) good luck with this years London marathon, he is running the marathon for great cause (JDM) research into Juvenile Dermatomyositis at the Institute of child health at Great Ormond street hospital if you are looking to sponsor a great cause in this years marathon then all contributions are welcome, for more information please follow the link below.

http://www.justgiving.com/Moleyrunsthemarathon

2nd March, 2011

Davis & Gibbs are delighted to announce their 5th year anniversary

Davis & Gibbs are delighted to announce their 5th year anniversary!! There has been no doubt that the property market has been somewhat trying in recent times however we have dealt with all challenges set before us and have managed to open three offices within this period, we believe this is testimony to our core values of sound market knowledge, good customer service and old fashioned hard work. As part of our five year anniversary we are offering promotional fees in both sales and lettings so please call one of our offices for further information and a free valuation!!

Davis & Gibbs sales department are still seeing activity in the market with an increase of buyer levels, valuation requests and under offer across one – three bed properties; however recent reports are still indicating that we may see a dip mid to late 2011 so the old adage of making hay whilst the sun shines comes to mind. Recent reports (Rightmove) indicate that house prices have pretty much frozen on a national level however the London market has seen an increase of 3.1% and 21% rise in stock levels.

The lettings market is still buoyant as ever with demand continuously growing, we have seen an increase in stock levels however that is mainly due to our approach to the market constantly sourcing new clients and stock to service the demand. We are seeing an increase in new investors as well due to the decline in property prices and increase in rents, we are now seeing on average 7% + yields.

Other news to report is on mortgage's and it's great news for Halifax customers, there has been some errors on their mortgage offers which is now resulting in compensation being paid out to customers who received their product between 20th September 2004 – 16th September 2007, if your product was still in place January 2009 then you may be eligible for this payout. It is reported that Lloyds TSB is due to pay out up to £500 million April this year.

14th February, 2011

Estate agent with offices in Balham, Oval, and Acton "Davis and Gibbs" announce property sales success and 2010 rental review.

Davis & Gibbs are delighted to be experiencing a return to the sales market since the start of 2011, previous reports indicated that property prices dipped at the end of 2010 with a -2.7% swing in London. This is mainly due to the time of year with many buyers putting the search on hold due to the holiday period, December is always periodically a quiet month with fewer buyers making it ultra competitive amongst sellers. The good news is 2011 has started with a bang and we have seen one of our busiest months with applicant levels increasing resulting in more sold boards. Some experts are predicting that we will see this activity continue to mid 2011 with a possible dip mid 2011. Our advice to sellers is to beat the spring rush and market your property now to attract the buyers before it becomes too competitive amongst sellers. The good news for buyers is that there has been a significant increase in mortgage approvals, Nationwide are claiming a 12 year high; with that London first time buyers will still be looking at 30 – 50k deposit on average. There is still speculation with regards interest rates with some claiming it will stay at 0.5% however a statement from the bank of England suggested that we may see an increase to "A normalized rate of 5%"

2010 saw one of the strongest years for rental demand, we experienced low levels of rental property's towards the end of 2010 mainly due to the lack of FTB increasing rental demand and the high cost of moving encouraged many tenants to stay on in existing property's. With that we have seen a drastic increase of stock levels since the start of 2011 which has helped service the demand, we are predicting that the rental demand will continue to increase throughout 2011 and we believe that there will be a steady increase in stock, mainly fuelled by the return of Paragon and Buy to Let Investors, as many landlords believe we will achieve even more money for lets. Davis & Gibbs are still experiencing demand for all types of property 1,2,3,4 & 5 bed + covering all of SW London, and are we are increasing staffing levels to deal with the demand.

For further information contact,

  • Brian Gibbs – Managing Director
  • Davis and Gibbs
  • 94 high Street
  • Acton, London
  • W3 6QX
  • Tel: 0208 752 3040
  • briang@davisandgibbs.com

Brian Gibbs is the Managing Director of DavisAndGibbs a pioneering company providing a service to rent and buy property in London, Balham, Oval, Acton, Clapham and Tooting.

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Give us a call:
Balham office: +44 (0)208 772 9818
Oval office: +44 (0)20 7820 7950
Management: +44 (0)20 7820 7954