Tuesday, December 20, 2011
Countrywide, the UK's largest property services Group, has further expanded its lettings footprint with the acquisition of busy Wakefield lettings business, Letmove.com
The purchase of Letmove.com is the 12th lettings acquisition of the year for Countrywide and builds on Countrywide's successful year of growth in the Yorkshire region and the UK Lettings market.
Earlier this year, the Group purchased leading Sheffield estate agency Blundells, Sheffield lettings agency Spencers, and the well-established South Yorkshire lettings business Mike Jolly Estates making the combined network in Sheffield and the surrounding suburbs a substantial player in the lettings market.
Based only 10 miles south of Leeds, the large Wakefield portfolio encompasses over 450 properties across the whole of the area, in addition to covering suburbs within the South Leeds region. The centrally based, high profile branch in the up-and-coming Lower Kirkgate area will continue to operate as normal, with staff transferring across with the lettings business.
Richard Coxon, Area Manager, Countrywide Residential Lettings, said:
"We are very pleased with the further expansion of our lettings business in the West Yorkshire area and to welcome the Letmove team into the Countrywide Group. Letmove.com operates successfully in this region with an established client base and we look forward to working with the team to grow and develop the business further.
"As one of the most affluent areas in the region, Wakefield residents have benefited from increased employment opportunities in the area and commuters can enjoy its close proximity to Sheffield, Leeds and Manchester. We see it as an area of continued growth, which will offer some great opportunities for us to deliver our award-winning lettings services and products to a larger audience."
John Hards, Managing Director, Countrywide's Residential Lettings division, comments:
"Building on a bumper 2011, where we took the lion's share of the lettings market, we plan to expand our lettings network even further in 2012, both organically and through acquisition to ensure we continue our strong run of phenomenal growth.
"In addition to the opening of over 100 New Start branches and the average of one acquisition per month, we have also increased our team of passionate, driven and skilled lettings experts and we are delighted to welcome the lettings staff from Letmove.com to our ever expanding network."
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