Four more acquisitions announced as franchise chain sets out to negate tenancy fees ban

Franchise organisation Northwood, part of Belvoir, has announced four acquisitions made by its business owners.

It takes the total so far this year to eight, with several more in the pipeline.

The latest acquisitions are:

  • King Woolley, by Sam Linn of Northwood Banbury and Chipping Norton. King Woolley will continue to operate under its own brand.
  • Milton Ward, by Davinia Taylor of Northwood Milton Keynes.
  • Morgans Cardiff, by Phil Sergeant and daughter Kate Ginnutt of Northwood Cardiff.
  • Hastings Sales and Lettings by Brian Mitchison of Northwood Reading.

Northwood managing director Phil Gee said: “The four latest acquisitions completed in rapid succession.

“They demonstrate the appetite for acquisitions among the Northwood franchise network and I am confident that Belvoir’s acquisition programme will continue to deliver further dividends to everyone in the group.

“Acquisitions have been part of Northwood’s growth strategy for the past three years and are very much part of our strategy to negate the tenancy fee ban.”


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One Comment

  1. brokerofexcellence

    Based on Morgan’s lettings book in Cardiff, this will hardly be gamechanging………. #JustSaying


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