Family trio of property specialists manages over £35m in six months of trading

A recently-launched property management and lettings business is already managing over £35m worth of rental property.

York-based Littlefairs Property Company, founded by Scott Littlefair along with his father Richard Littlefair and sister Donna Sanderson, has doubled its year one target within its first six months of trading.

The trio previously owned and ran Letters of Distinction, which they built into an independent sales and letting agents before selling to property services firm Countrywide in 2016.

This January, Littlefairs set a target of managing 90 rental properties within 12 months. Six months on, it has a portfolio of more than 180 homes - from studio apartments to large family homes.

Managing director, Scott Littlefair, said: “We are really pleased to be back serving the property market in our home city of York, but also in the surrounding areas of Harrogate, Wetherby, Thirsk, Ripon, Leeds and beyond.

“With over 45 years’ combined experience, we are well placed to provide landlords with a personal and well informed service to attract high quality tenants and maximise their rental income.”

Littlefairs Property Company is a member of lettings body Arla Propertymark.

Donna commented: “Since we sold Letters of Distinction and started Littlefairs Property Company, rents have increased around 15 per cent during those three years and tenant demand is the highest we have ever known.”

Richard concluded: “Our initial success means we are now aiming to grow to 400 managed properties by the end of next year and we plan to employ at least two new team members to service this business.”