Marsh & Parsons opening its 25th branch today

Marsh & Parsons is today opening a new office in Tooting, south London.

It will be the firm’s 25th branch, with a further three planned this year.

The site on Upper Tooting Road has been extensively remodelled at a cost of £200,000.

It is opening with a Foxtons-style 0% commission rate for the first three months, down from Marsh & Parsons’ standard 2% fee.

The firm calculates this will save local vendors an average of £13,100.

Peter Rollings, chief executive at Marsh & Parsons, part of LSL, said that the 0% deal was tried and tested, and had proved successful in other new branches.

Sales manager in Tooting will be John-Paul Burrough, and lettings manager will be Charlie Crane.

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