Both big estate agencies are hoping to take larger slices of the mortgage broking business via new and substantial acquisitions.
Read MoreLSL buys another mortgage brokerage via its new joint venture
Estate agency giant says latest purchase is part of a plan to buy up 50 brokers across the UK with its recently-announced £200m fund.
Read MoreLATEST: Revenues jump at Your Move parent LSL as it bets on financial services
The group enjoyed a good year as cost cutting, a housing boom and the stamp duty holiday helped drive up turnover, profits and margin at the 12-agency giant.
Read MoreYour Move reveals £11m cost of Covid within full results
Latest accounts show a £11.3m drop in turnover last year though the months afterwards have been much kinder as the market has boomed.
Read MoreProof positive – proptech and digital marketing works
Survey shows properties marketed with professional photography, floorplans and 360° tours, with Facebook ads and premium listings, sell 48% faster.
Read MoreYour Move parent company embraces diversity and inclusion with new staff forums
Company says it want to listen to staff's views on issues such as LGBT+, disability, race and gender and also support their charitable activities.
Read MoreYour Move parent group posts extraordinary profits surge
Group CEO says restructure two years ago as well as current market stampede have helped drive jaw-dropping results at LSL
Read MoreFormer Reeds Rains estate agent launches online estate agency
Sian Beech says her new company Feeneys, based in Stoke, has already sold five houses subject to completion.
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