Triple acquisition for Northwood franchisees

Paul Ryder - Northwood - image
Paul Ryder

Three franchisees from across the Northwood network, which is part of the Belvoir Group, have completed acquisitions this year.

Since the beginning of 2023, Helen Elworthy of Northwood Doncaster completed on the acquisition of Housesetc. which is based in Goole; Paul Ryder from Northwood Eastbourne completed on the acquisition of the lettings portfolio of K Lettings; and Patience Simpson from Northwood Ashford completed on the acquisition of Stevens & Co in Ashford.

Speaking of his latest acquisition, Paul Ryder from Northwood Eastbourne, said: “masonbryant (lettings) is a trading name of K Lettings Ltd and we are delighted to have bought their lettings portfolio. This has added a significant number of properties to our portfolio, and we are very happy that Kay Smith, who was a founding member of masonbryant and a director of K Lettings, has agreed to come and work for us at Northwood. We currently have a team of 10 very dedicated people and look forward to providing our unique services to growing numbers of landlords and tenants in the Eastbourne area.”

MD Phil Gee, added: “Acquisitions remain a strong growth strategy for Northwood franchisees, and we have several other acquisitions in the pipeline, which will be announced when they complete. It is always good to have such a positive start to the year, and I wish all of our franchisees every success for the future.”

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