Leaders expansion
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Latest property news
Leaders expansion continues
Leaders’ latest acquisitions have taken its total number of branches to 123.
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Agencies & People
Leaders expands into Essex
Leaders has added five new branches to its network following the acquisition last week of More Estate Agents in Essex. The deal gives Leaders their first ever branches in Chelmsford, Braintree, Colchester, Dovercourt and Clacton-on-Sea; the company’s total network now spans 115 offices across the country. “We are delighted to have taken our first steps into Essex, which we believe to be an important and prosperous market,” said Kevin Shaw (left), National Sales Director at Leaders. “We have been known for our expertise in the lettings market for more than three decades and in recent years our sales business has also grown at a rapid rate, giving us a similarly strong reputation in this area. This acquisition will allow us to continue to roll out our range of services to sellers and landlords,” he added. Many of More’s members of staff, including Co-Owner Dean Phillips, will remain with the firm, having joined Leaders under the Transfer of Undertakings (Protection of Employment) Regulations 2006, otherwise known as TUPE. This should help Leaders get off to a strong start in developing their sales service in Essex, according to Shaw. Leaders’ arrival in Essex comes on the back of a busy 2015 in…
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Agencies & People
Leaders moves into Warwickshire
Leaders has continued its expansion with the addition of two new branches in Leamington Spa and Kenilworth after completing the acquisition of Heritage Property, which traded from premises in the two Warwickshire towns. A total of 11 new businesses and 32 additional branches have been secured by the company over the course of 2015 – meaning the last 12 months have been its most active yet in the acquisitions market. The Leaders network now spans some 113 branches across the UK. This year’s acquisitions mean that Leaders now has a presence in 22 counties, having moved into Worcestershire, Leicestershire, Derbyshire, Nottinghamshire and Warwickshire for the first time this year. The company now has in excess of 45,000 tenanted properties on its books and handles in the region of £28.5 million in rent every month. Matthew Light (left), Acquisitions Director at Leaders, said, “We have spent more than £25 million on acquiring new businesses this year, which has helped to take our branch network beyond 100 locations. “With so much experience in this area, more vendors are now viewing us as the perfect acquirer of their company when they decide to sell. We have shown we always deliver on our promises,…
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