Property Gloom Forces Mayfair Agent to Sell Up

Summary


A MAYFAIR-BASED estate agent is to stop selling homes after 17 years in business.

The collapse of the housing market has forced Jonathan Vandermolen, founder of Blenheim Bishop, to make 10 staff redundant and put his offices on the market.

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Extract


Property Gloom Forces Mayfair Agent to Sell Up

Mr Vandermolen said: "I couldn't make it work. Income from new homes was 75 per cent down on the previous y...

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