Franchise giant snaps up another independent lettings firm

Another independent agency has been snapped up by a brand of The Property Franchise Group.

The owners of Martin & Co’s Widnes branch have completed a fifth independent acquisition, this time of The Big Property Shop, taking their managed portfolio closer to 600 properties.

Stephen and Amanda Hember took on local Martin & Co franchise back in 2007 and Stephen says: “We’re delighted to have completed this acquisition from The Big Property Shop, which had been bubbling for a few years.

“The Property Franchise Group approached us about the potential for a deal with The Big Property Shop initially and although it didn’t happen at that time, we stayed in touch and had another conversation earlier this year. In the end, we did the deal in around two months, which was fast, and it was very straightforward.

“The deal for just under 60 properties was a great number for us and we were able to absorb them into our current structure.”    

Martin & Co managing director Ellie Hall adds: “I am absolutely delighted for Stephen and Amanda. Although they are no strangers to acquiring businesses, it is their processes, procedures and most importantly their excellent customer service that make them so successful at them. 

“With the ever-changing regulations I’m sure our new landlords will welcome Stephen and Amanda expertise and guidance.”