The finance arm of LSL Property Services - known as Pivotal Growth - has snapped up a specialist mortgage service.
Pivotal Growth was established in April 2021 as a joint venture between LSL Property and Pollen Street Capital, to build a leading national mortgage service.
Now it’s acquired The Buy to Let Broker, one of the largest specialist BTL mortgage brokers in the UK,.
The business is based in Southport and was founded in 2013; Pivotal Growth’s acquisition further expands the group’s capability into the specialist Buy to Let market.
A statement says the group is in “active discussions with a number of further opportunities which will build on the momentum of the group’s buy and build strategy, expanding its product set and geographical reach.”
Simon Embley, chief executive officer of Pivotal Growth, comments: “This acquisition will provide us with specialist expertise in the buy to let market, further building on our existing specialist broking capabilities.”
And Matt Hardman, director of The Buy to Let Broker, adds: “We are without doubt, extremely proud and privileged to be a part of the Pivotal Growth stable. Working alongside like-minded people, who share the same passion, integrity and drive as ourselves has long been our modus operandi and we can honestly say that we have found a united partner to continue to drive the right advice and solutions to landlords UK wide, whilst continuing to scale the business and retaining those core values. Collaboration has always been at the heart of everything we do - and we very much look forward to working with Simon and the team at Pivotal.”