Northwood franchisee triples portfolio

Husband-and-wife team, John and Shirley Ounsworth from Northwood Beverley & Hull, have completed on the acquisition of Osprey Lettings, tripling the size of their business overnight.

“I am delighted for John and Shirley,” said Northwood MD, Phil Gee. “John and Shirley first took on Northwood Beverley & Hull during lockdown and relocated it from Beverley to the Fruit Market in Hull. Selling their existing business and doing something new by becoming Northwood franchisees and taking on a resale during lockdown was a brave step, but they are an incredibly efficient and professional couple, who I know will do very well. I wish them every success for the future.”

John added: “The acquisition of Osprey Lettings is great news as it has tripled the size of our business, allowing us to offer the services of Northwood Beverley & Hull to a far greater number of clients. The response from landlords has been very positive, and everything has now been rebranded to Northwood. We have brought across two team members, which has grown the size of our team and given us more flexibility. “As well as growth by acquisition we are also looking to grow organically. Boards breed boards, and we hope that a planned rebranding will also help to raise our profile in the local area.”