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History


Connells Group History

Connells Group has been in business for over 80 years. Since the first branch opening in 1936, the company has grown into one of the UK’s largest and the most profitable estate agency groups, offering a wide range of consumer and corporate property services.

1936
- First Connells estate agency branch opens in Luton, Bedfordshire

1969
- Connells' ten estate agency branch network is acquired by the Constantine Group

1976
- Connells is the first agent to provide an in-house mortgage service

1977
- Connells is the first agent to provide a bespoke mortgage service to the new homes market

1984
- With around 20 branches, Connells is one of the first estate agency networks to obtain a full listing on the London Stock Exchange

1991
- With around 100 branches, Connells is acquired by Scottish Widows. The same year, Connells purchased the western division of Prudential Property Services' which increased the branch network to around 150 branches, as well as establishing Connells Survey & Valuation and Connells Asset Management

1996
- Connells is acquired by Skipton Building Society which bought a major shareholding in the company alongside Connells' senior management

2000
- Connells plays a leading role in the launch and development of Rightmove, now one of the UK's foremost online property portals

2002
- Connells Relocation Services is established. In the same year, Connells acquires Conveyancing Direct Property Lawyers

2003
- Connells reachs a major milestone by acquiring Sequence estate agency bringing the Group's total estate agency network to around 500 branches nationwide. Estate agency Sharman Quinney was also acquired in this year

2004
- Connells Group wins first industry awards at Estate Agency of the Year Awards and Lettings Agency of the Year Awards

2006
- Rightmove plc float on the London Stock Market valuing the business at £400m. Connells Group owned 29% immediately prior to floatation. In the same year, Connells acquires a stake in TM Group, now the largest provider of local authority searches in the UK

2007
- Connells Group acquires shares in the Asset Management Group (AMG) and The New Homes Group

2008
- Connells Group sells remaining stake in Rightmove plc

2010
- Connells Group becomes 100% owned by Skipton Building Society
- Connells Group acquires major shareholding in UK's leading provider of Energy Performance Certificates, Vibrant Energy Matters.
- The Group forms strategic relationship with the UK's second largest online property Zoopla
- Connells Group forms Redstone Wills  

2011
- Connells Group acquires shareholding in leading provider of conveyancing and remortgaging panel management services, LMS Group. In the same year, Connells acquires Just Wills and independent estate agency Burchell Edwards including conveyancing firm Be Legal

2012
- Connells acquires a strategic stake in Hearthstone Investments plc, the UK's first residential property fund manager 

2013
- Connells Group initiates major expansion programme for its residential lettings business

2014
- Connells Group acquires Peter Alan

2015
- Connells Group acquires online estate agent Hatched.co.uk
- Connells Group acquires Gascoigne Halman 
- Connells Group acquires Gilbert & Thomas

2016
- Connells Group acquires Rook Matthews Sayer
- Connells Group acquires Paul Dubberley
- Connells Group acquires Touchstone Residential
- Connells Group acquires Kevin Henry

2017
- Stephen Shipperley, Chairman of Connells Group, celebrated 40 years in estate agency

 

 

 

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