Franchise giant snaps up another independent lettings firm

Franchise giant snaps up another independent lettings firm


Todays other news
A reversal of remote working as well as attempts to...
John D Wood & Co has appointed a new lettings...
The Lettings Hub has launched a new product to help...
Proptech supplier Property Sense is looking to raise £1m in...


Another independent agency has been snapped up by a brand of The Property Franchise Group.

The owners of Martin & Co’s Widnes branch have completed a fifth independent acquisition, this time of The Big Property Shop, taking their managed portfolio closer to 600 properties.

Stephen and Amanda Hember took on local Martin & Co franchise back in 2007 and Stephen says: “We’re delighted to have completed this acquisition from The Big Property Shop, which had been bubbling for a few years.

“The Property Franchise Group approached us about the potential for a deal with The Big Property Shop initially and although it didn’t happen at that time, we stayed in touch and had another conversation earlier this year. In the end, we did the deal in around two months, which was fast, and it was very straightforward.

“The deal for just under 60 properties was a great number for us and we were able to absorb them into our current structure.”    

Martin & Co managing director Ellie Hall adds: “I am absolutely delighted for Stephen and Amanda. Although they are no strangers to acquiring businesses, it is their processes, procedures and most importantly their excellent customer service that make them so successful at them. 

“With the ever-changing regulations I’m sure our new landlords will welcome Stephen and Amanda expertise and guidance.”

 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
LRG has introduced its Enhanced Neonatal Care Leave Policy...
Some 450 women and men came together for the conference...
Junior staff at lettings giant Foxtons have been urged to...
The BoE has come to a decision on interest rates...
The removal of temporary rent controls may make buy-to-let more...
There will be a greater emphasis on digitisation....
Recommended for you
Latest Features
A reversal of remote working as well as attempts to...
John D Wood & Co has appointed a new lettings...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here