Breaking new ground: Will Linley, chairman of Linley & Simpson; Niall McTurk, founder, and Stuart Wilson, branch manager, of Sinclair Properties; and Nick Simpson, chief executive, Linley & Simpson. YORK s longest-established specialist student lettings agency has been sold. Sinclair Properties in York, which was founded in 2000, will retain its name, branding, team of staff, and brace of campus-handy offices on Lord Mayor’s Walk and Main Street, Heslington, as part of the agreement. Linley & Simpson has bought the company, marking its first dedicated venture into the student lettings market. This latest acquisition for the residential lettings agency is breaking new ground in its 24-year history.
Braemore operates in Edinburgh and St Andrews, and Stonehouse is based in Aberdeen. Stuart Pender, group chief executive of Lomond, said: “We are delighted to be able to announce a number of deals following our recent merger with Linley & Simpson. “These deals very much signal our intention to continue to consolidate regional markets through our network of.regional agents and [this] is a continuation of our approach to building our business while retaining our successful local approach.” He added: “We are looking for new opportunities to work with good-quality lettings and estate agencies across all of our regions.” Lomond was founded in 2010 by Stuart Pender and Roger Lane-Smith.
Linley & Simpson has acquired the residential lettings and management division of Dacre, Son & Hartley, the 200-year-old fellow independent Yorkshire estate agent which operates a network of 20 branches.
The deal, completed for an undisclosed sum, is the seventh struck by Leeds-headquartered Linley & Simpson since the outbreak of Covid-19.
It takes its rental portfolio to almost 12,000 properties across the 22 high Street branches it operates in Yorkshire and the Humber.
Its chief executive, Will Linley, said: “This represents an inch-perfect geographical and business fit.
“Our branches share the same footprint as those of Dacre, Son & Hartley, so this injection of properties will dovetail seamlessly into our network.”
YORKSHIRE residential letting specialists Linley & Simpson has added more than 600 homes to its portfolio after another major acquisition following the unsolicited approach and subsequent purchase of the residential lettings and management division of Dacre, Son & Hartley, the 200-year-old fellow independent Yorkshire estate agent which operates a network of 20 branches. The deal will now see Dacre, Son & Hartley strengthen its key focus on residential sales, as well as a raft of other property services including land and new homes, commercial agency and property management, its nationally-active healthcare investment business and agricultural division. The deal, completed for an undisclosed sum, is the seventh struck by Leeds-headquartered Linley & Simpson since the outbreak of COVID-19.