Gammon to start Knight Frank advisory service

Savills Private Finance has confirmed its director Simon Gammon is to join Knight Frank to set up its financial advisory service.

He is on gardening leave until November, when it is understood he will join the estate agency as head of mortgages.

Melanie Bien, associate director at Savills, says: “It’s an obvious move for Knight Frank, but it’ll be interesting to see how it does as the market is different to when Savills Financial Services set up. We wish Simon the best of luck.”

Drew Wotherspoon, head of communications at John Charcol, which had an outsourcing agreement with Knight Frank, says: “As with most partnerships that do well, the firms look to bring the outsourced arrangement inhouse. We wish it success.”

One source predicts the advisory service will work as an in-house service rather than attempt to take on the market as a whole.

Knight Frank declined to comment on the appointment.