The Yorkshire agency Linley & Simpson has revealed more acquisitions of independent agencies as it tightens its grip on the regional and local markets.
It’s launched a new office in the heart of the West Yorkshire market town of Bingley – the 19th in its network – following deals struck with fellow independent agencies Inghams and Henleys Property Group.
The two acquisitions add almost 400 homes transferring into Linley & Simpson’s rental portfolio across Yorkshire and the Humber, taking it past the 9,000 property milestone for the first time.
It has acquired the lettings book of Inghams, which specialised in property management across the Aire Valley and Bronte country, including the west side of Bradford, Bingley, Keighley, Silsden, Skipton and just over the border to Lancashire.
The name of Inghams, which dates back to 1925, will continue; it will now be focusing on providing management services to blocks of flats and apartments.
The agreement clinched with Henleys has resulted in Linley & Simpson acquiring its operations in both lettings and residential sales across a similar geographical footprint.
Linley & Simpson now employs some 250 staff.
These latest acquisitions – completed for an undisclosed sum – represent the 10th and 11th to take place since Linley & Simpson secured the backing of private equity investor LDC in 2018.