Yorkshire real estate agent strengthens portfolio with two new local acquisitions
A Yorkshire estate agent has stepped up its expansion programme with acquisitions in two of its local “key heartlands”, substantially strengthening its rental portfolio.
Linley & Simpson has bought the independently-owned and family-run Moores estate agency, which has been a market-leader in Leeds and in particular its northern suburb of Headingley for more than 30 years.
The real estate agent has also secured residential lettings specialist homes4harrogate. Based in the centre of the North Yorkshire spa town, it also serves a wider area spanning Knaresborough, Wetherby, Ripon, Boroughbridge, York, and Leeds.
This brace of deals will add more than 500 properties to Linley & Simpson’s rental portfolio, as well as see it inheriting the residential sales arm of Moores, whose founders Michael Moore and wife Julie are retiring from the estate agency, and daughter Hayley is pursuing other interests.
Nick Simpson, CEO of Linley & Simpson, said: “Amid the ongoing challenges of the pandemic, we are thrilled to end 2021 on such an upbeat note. These are highly complementary businesses that we know well, and represent a tailor-made fit for us.
“Their first-class portfolios and first-class people will transfer seamlessly into our existing branches, helping us to strengthen our position at the head of the marketplace in these in-demand locations.”
Employees from both the acquired agencies, including Moores’ directors Michael Davies and Angie Wright who have both worked with the company for over 15 years, will transfer to Linley & Simpson’s flagship offices in Otley Road, Headingley; and Albert Street, Harrogate, respectively.
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