Thursday 21 January 2016

Countrywide plc acquires Lanes Land & New Homes

Countrywide plc, the UK’s largest property services and estate agency group, has further enhanced its focus on the residential development market by acquiring Lanes Land & New Homes.

Covering mainly North London and Hertfordshire from dedicated New Homes sales and development centres, Lanes Land & New Homes is an established business providing a specialist service to small, medium and large housebuilders and developers across the region. 

Lanes Land & New Homes will become part of Countrywide Residential Development, the UK’s largest new homes agency and will continue to operate as normal under its well established brand name, managed by Managing Director, Mike Franklin. All employees will continue to work in their current roles whilst benefiting from Countrywide’s shared marketing and IT services, national scale and unrivalled property market insight.

Mike Franklin, Lanes Land & New Homes’ Managing Director said:

‘’With the Company’s expanding geographical coverage and extended range of specialist land and new homes activities, it makes perfect sense to link with a respected national brand to allow our land, sales and marketing teams to provide a wider service offering for clients right across the sector from bespoke operators to plc developers’’

Commenting James Poynor, Group Residential Development Director for Countrywide said:

 “We are absolutely delighted to further increase our residential development offering in the North London and Hertfordshire area with the acquisition of Lanes Land & New Homes.

“Their exceptional reputation with new homes developers naturally complements our focus to deliver a dedicated and tailored service to the residential development market.

“The acquisition of such an established land and new homes business further enhances our commitment to providing a truly market-leading service to developer clients.”

Countrywide Residential Development was last month awarded Gold for ‘New Homes Estate Agency of the Year’ at the Estate Agency of the Year Awards, sponsored by the Times and the Sunday Times.