| TAYLORS ESTATE AGENTS started
trading 23rd November 1973 from an office at 36 High Street,
Stony Stratford, part of the new designated City of Milton
Keynes. At that time Taylors were one of the very few
estate agents in the whole country that were open seven
days a week, and were certainly the only estate agents
in the country to be open during weekday evenings and
have full-time sales negotiators on hand, all day, every
day.
The Milton Keynes Expansion
The company was instantly successful and within two
years had offices in Wolverton, Newport Pagnell, Woburn
Sands and Bletchley, all covering the expanding new
city. This was the first example of Taylors’ office
saturation - covering one large urban area with multiple
outlets. Also at that time a specialist “New Homes”
office was opened in Central Milton Keynes, again Taylors
were the first estate agency in the country to take
such a bold step.
Moving outside the City
In 1978 the company made its first foray outside of
the City by opening an office in Towcester. The instant
success of this branch proved that the “Taylors’
Formula” didn’t have to rely on a new and
developing area to succeed. During the next few years,
a number of other branches were opened in the market
towns outside Milton Keynes, culminating in 1982, with
the opening of three branches in Northampton.
Taylors and Mortgage Services
The early 1980’s saw considerable speculation
as to the future of estate agency and the need to provide
Mortgage services. Large Mortgage institutions indicated
their desire to purchase estate agencies to help sell
Mortgage products. For many firms this was a time of
“expand or be bought out”. One company which
chose to expand was Bairstow Eves, a London based estate
agency, who in 1982 were the first agency to float on
the Stock Exchange.
Merger with Bairstow Eves
On the 16th January 1984, the Directors of Taylors
agreed the terms of a merger with Bairstow Eves, to
help each other embark upon a rapid expansion programme.
At the end of 1984 the number of Taylor's offices had
grown to 16 and by the end of 1985 there were 26.
The beginning of Hambro Countrywide
In early 1986 terms were agreed for a further merger
between the burgeoning Bairstow Eves group and Mann
& Co., under the umbrella of Hambros Bank. This
gave rise to the launch, in June 1986, of Hambro Countrywide
plc, with a group of highly autonomous subsidiary companies
across the country.
Taylors Go West
Taylors continued to expand through the latter part
of the 1980’s and took over the management control
of three other Hambro Countrywide plc subsidiaries.
The three Kilroy offices in Bedford were taken over
in 1985, followed by the offices of Corbett Leach in
Bristol during 1988 and the Coventry offices of Robinson,
Osbourne & Moules at the beginning of 1989. By the
end of the 1980’s the Taylors’ network consisted
of 60 outlets.
In November 1992, following the acquisition of 21 offices
in Gloucestershire, Hereford and Worcester, the Taylors’
operation was split into two companies - Taylors East
and Taylors West.
Nationwide Join In
Hambro Countrywide famously purchased the Nationwide
chain of agency offices for £1, creating the largest
estate agency and Mortgage services group in Europe,
in 1994. Taylors East expanded to 36 offices, controlled
from the Head Office in Milton Keynes.
Independence
1998 saw the sale of Hambro’s Bank and the evolution
of Hambro Countrywide into Countrywide plc, an independent
company in its own right. The Group has continued to
expand with the purchase of John D Wood and Faron Saturia
and is constantly assessing opportunities with a view
to further expansion
Taylors and the Group
Taylors sits as one of the largest and most profitable
subsidiaries within the Countrywide Group providing
the opportunity for staff to progress within Taylors
or, as frequently happens, be promoted into fellow subsidairies.
Continual Growth
In 2003 Taylors opened a 4,500 sqft office in Central
Milton Keynes incorporating New and Executive homes
specialist departments.
2003 saw Executive Homes open in Luton following success
of similar offices within the network together with
a formal tie up with John D Wood.
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