A Your Move franchise branch has snapped up an independent agency, Woodford & Co. in Oundle.
The deal marks the launch of Your Move Oundle, with owners Sean Nolan and Sam Throw backed by the corporate LSL Estate Agency Franchising (LSL) Assisted Acquisitions team.
This is the pair’s second acquisition in the past 12 months.
The Woodford & Co. lettings portfolio of 160 fully managed properties will now transition to Your Move Oundle. Woodford and Co. will continue operating the sales side of Your Move Oundle.
All eight members of the independent’s team will remain in place, with founder Chris Woodford staying on as a partner.
Woodford opens up about the stress of being an agent today, and says: “The property business, and particularly the rental sector, operates within a fast-evolving industry, with changes to technology, procedures and legislation taking place on a surprisingly frequent basis.
“More onerous rules are likely to apply in the near future and with this in mind, and after 25 years of trading, I have decided to sell the company to a progressive, experienced firm, who can add resources, systems and support to the current rental team.”
A statement from Nolan and Throw says: “Woodford & Co. are well-regarded, well-established property consultants and auctioneers, and we’re proud to continue their legacy under the Your Move banner.
“We’re thrilled that all staff are staying on – they’re a strong team and bring continuity and trust to the landlords they serve.”
An LSL spokesperson adds: “We’re delighted to see Sean and Sam taking advantage of the Assisted Acquisitions Programme once again. They bring energy, drive and a deep understanding of what landlords and tenants need.”