Letting agency My Property Box is moving into property sales as part of a significant expansion of its business.
The decision follows the acquisition of Bishop Auckland estate agency Lifestyle Property – its sales, lettings and property management services have been transferred to My Property Box.
My Property Box, which has its headquarters in Darlington, is also continuing to grow its lettings portfolio following a further acquisition of Westoe Lettings in South Shields, strengthening its position on Tyneside and Wearside.
Ben Quaintrell, founder and managing director of My Property Box, says: “Huge opportunities lie ahead for the North East following recent government confirmation that Treasury North is moving to Darlington, Teesside has been granted Freeport status, together with several exciting developments in the green energy sector.
“Many hundreds of jobs are being created and that will not only stimulate the local economy but trigger a huge demand for quality homes, both to own and rent.
“We have spent the past nine years establishing ourselves as lettings and property management leader, expanding from our Tees Valley heartland to offer our services throughout the North East and North Yorkshire.
“The acquisition of Lifestyle Property ... means it is the perfect moment to move into property sales.”
The Lifestyle Property office will close but landlords and tenants have been told there will be “a seamless transfer” to My Property Box.