J&E Shepherd, one of the largest independent firms of chartered surveyors in the UK, has been awarded a residency licence from the Minister of State for Jersey and has appointed resident Iain McInnes to head its operation on the island.

The firm's move to secure a permanent presence for its offshore client base in Jersey is part of an ongoing development plan to expand its customers in the Channel Islands and follows Shepherd’s recent move into a prime city centre office in Mayfair as it aims to build upon its penetration of the capital's vibrant commercial and prime residential property markets.

Ian Fergusson, Managing Partner at J&E Shepherd said: "We've been working for a number of clients with a presence in Jersey for many years, including HSBC Offshore, Kleinwort Benson, Barclays and RBS, so establishing a permanent presence on the island was a natural progression. Having previously worked as a surveyor for RBS in the Channel Islands, Iain's skills, experience and contacts make him the ideal individual to spearhead our services on the island.

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"With many of our London-based clients having developed close links with offshore offices and banks, it makes strategic sense for us to secure an offshore operation and Saint Helier is the ideal location."

Having first ventured south of the border in 2001/02, today Shepherd employs some 200 staff in England and Wales, carrying out full agency, investment, development, valuation and panel management services, giving it complete and comprehensive UK coverage.

Established 125 years ago, J&E Shepherd delivers a valuation service throughout the UK, from a network of 32 offices throughout Scotland and over 75 locations in England, Wales and the Channel Islands. The firm offers a multi disciplinary property service to include valuation, commercial agency, building surveying, rent reviews, development and investment consultancy, rating and property management.

(GK/JM)