Fast-growing Yorkshire agency Linley & Simpson has opened a new office in Leeds after acquiring a long-standing lettings firm.
Snapping up Morgans North Leeds Rentals has taken the number of branches in the Linley & Simpson network across West and North Yorkshire to 18, and propels its own portfolio of managed homes to over 8,000.
Morgans North Leeds Rentals’ activities in the Headingley area dates back more than 20 years.
Will Linley, chief executive of Linley & Simpson, says, “We’ve served in the North Leeds area for 22 years and the opening of this new branch will allow us to strengthen our leading position amongst Leeds’ suburbs. It creates the perfect platform for focussing our specialist lettings expertise into this popular Leeds’ area where demand for rented property continues to increase”.
This is one of the latest deals as part of the businesses planned programme of major expansion throughout Yorkshire.
The business is retaining the home-grown expertise and local knowledge of the former Morgans team by employing all of its staff.
The takeover coincided with a record summer of new lets for the Headingley branch, with the firm’s rental portfolio currently being 99.7 per cent occupied.
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