‘Let for free’ agency expands with new London office

Specialist lettings agency Draker is expanding after opening its third office in West London.

Draker’s new office in Notting Hill

The new branch in Notting Hill builds on the firm’s presence in the area after a satellite office was set up there four years ago.

More than 300 clients were registered to let their properties within the first 10 months of the satellite being open, Draker says.

Let for free

Now, with the new office in Ladbroke Road, it is offering clients a ‘Let For Free’, with the first year’s introduction fees free of charge, which the company says will save an average of £6,000 each.

The wait is over now we have found this office – in the perfect location for us.”

Tim Hassell, MD at Draker (main picture), says: “The wait is over now we have found this office – in the perfect location for us, with the right level of visibility combined with high footfall and a work space with soul.”

Mo Kanso, Manager, Draker Notting Hill Office

Mo Kanso, Associate Director and Manager of the new Notting Hill office, says: “Having worked at Draker for seven years and with a focus on Notting Hill since the start of 2020, it’s wonderful to now be based in the ideal office location, with a robust portfolio of clients already in place.”

First office

Draker’s first office opened in Sloane Square in 2010, and in 2017 was followed by Fulham Broadway.

Since opening in Sloane Square with just three members of staff, the office now has an experienced team of 20 who collectively manage over 460 tenancies every year.

While the Fulham Broadway team has expanded the overall headcount to 25, letting over 300 tenancies a year.

Average rent of £900

Over the last 13 years, Draker has agreed in excess of 7,000 tenancies, and currently lets over 750 properties annually, with an average weekly rental of £900.

Overall, Draker looks after a combined total of 3,749 landlords, with 54% UK tenants and 46% from overseas.