Countrywide Residential Lettings acquire their fourth leading Lincolnshire business

Countrywide Residential Lettings

Wednesday, May 13, 2015

Countrywide Residential Lettings (CRL), the UK’s largest lettings agency, has increased its footprint in the Lincoln lettings market with the recent acquisition of PIP Lettings.

The acquisition of PIP Lettings is part of the Group’s strategy to stand out as a key player within the residential lettings industry. This is the fourth lettings business to be acquired by CRL in Lincolnshire the other three businesses include HE Lettings, Lighthouse Property Services and Specialist Lettings & Management Services Ltd.

PIP Lettings is a full-service residential lettings agency and management business serving all aspects of the residential rental property market, including services in property management and advice for residential landlords and tenants. The core business is well established and has achieved a market leading position and reputation with a large portfolio of properties located in Lincoln and the surrounding areas.

Commenting Andy Townsend, Midlands Lettings Director for Countrywide Residential Lettings, said:

“PIP Lettings stood out to us because, like Countrywide, the owners pride themselves on providing excellent customer service. The business is a perfect fit as it enables us to offer our lettings services to a different demographic in Lincoln. Our substantial and growing portfolio includes residential properties of all types and sizes, student accommodation, private and professional lets.

“The acquisition is a key part of our strategy of expansion through acquisition and organic growth across the UK. The PIP Lettings business will be fully integrated within CRL giving landlord clients access to our exclusive range of products and services, and the benefit of our strong and secure infrastructure to support both landlords and tenants.”

The recently refurbished branch is complete with new technology, seating, carpets, lighting and signage as well as new modern LED window displays to showcase a larger number of properties for let. The branch will trade under the Bairstow Eves name and branding and the team will continue to operate as normal with Alicja Kaplon as branch Manager.

John Hards, Managing Director, Countrywide Residential Lettings, comments:

Countrywide has a unique ability to grow businesses by ensuring they operate autonomously, retain their local heritage and benefit from Countrywide’s ongoing investment and support. We have built a very strong and successful network of branches in Lincolnshire, via strategic acquisitions and new branch openings. For clients, Countrywide’s structure, scale and all-round property expertise enables it to best serve the needs of clients of all sizes; from private landlords to corporate investors.

“In line with our expansion strategy, we are very interested in talking to professional agents with single or multi-branch businesses almost anywhere in the UK. If you would like to speak to me in absolute confidence I can be reached at john.hards@countrywide.co.uk

 

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