Press

Estate agent Marsh & Parsons is proud to announce that three members of staff will be taking part in this year's London Marathon on Sunday, 25 April.

James Leverton, Head of Property & Tenancy Management, and Alistair Bankier, Lettings Negotiator at the company’s North Kensington office, will be running to raise money for The Rugby Portobello Trust. Marsh & Parsons has been supporting this extremely worthwhile charity through community events since 2005. The charity provides a range of activities and learning programmes to help young people achieve their personal best.

"Public money saved the state-funded banks from collapse which makes the news they are offering borrowers far higher than average mortgage rates much harder to swallow – particularly at a time when other lenders are looking to reduce rates to bring them closer in line with the historically-low base rate. At a time when more support is needed for borrowers to encourage demand and boost the property market recovery, the state-owned banks are more preoccupied with rebuilding their balance sheets. They have already turned their attention to the billions of taxpayers’ pounds they will be forced to start repaying from 2011 - and consumers are literally paying the price."

Estate agent Marsh & Parsons is pleased to announce the promotion of Jenny Anderson as the new Lettings Manager of the company’s Pimlico and Westminster office.

After graduating in 2003, Jenny joined a large London-based estate agent, having been inspired to start a career in the property industry by her architect brother. Working in the firm’s Property Management department, she was soon promoted to the position of Team Leader. Jenny subsequently joined the Chelsea lettings team at Marsh & Parsons in September 2008, before her move to the Pimlico branch last month.

"Nationally, house prices slipped in February, as continuing bad weather and the post-stamp duty 'holiday' hangover hit buyer demand. But certainly I don’t think this is the start of a downward spiral for prices.  There’s certainly no evidence to suggest prices have dipped in the crucial London market, in fact quite the opposite. The end of stamp tax relief passed without note in the capital where there’s a shortage of properties in the lower taxable threshold. Over the past few weeks, there’s been a renewed surge of interest from foreign buyers, many of whom are looking to take advantage of the weak pound. Asking prices and achieved prices in the capital are still rising steadily.

"But there’s no denying historically low interest rates have helped the property market recovery too, encouraging buyer activity. The Bank of England is right to hold off hiking up the base rate – a move which could dent the revival."