In support of its letting books acquisitions programme LSL Property Services plc has acquired LetCo Homes, the lettings and property management specialist based in Whiteley, Hampshire.
LetCo, which has primarily supported landlords in Hampshire and Sussex, was founded in 2006 and went on to grow significantly under the leadership of Director Robert Leatherland. In 2016 LetCo increased the footprint of the business by acquiring Portsmouth-based Top-Let.
Ellie Hall, acquisitions & integration director for LSL Acquisitions, commented: “We are delighted to have acquired LetCo and see this as further evidence of LSL’s continued drive to acquire letting books across the country. All existing LetCo customers have been informed of the change of ownership but, as the business will continue to operate with its existing team ‘on hand’ (and from its current premises in Whiteley), it is expected that it will be very much business as usual for existing LetCo landlords and tenants.
“Following this most recent announcement we are continuing to explore other acquisition opportunities with our primary aim being to ensure that agents can realise their future ambitions and that their customers and staff remain a priority as part of the acquisition. We look forward to reporting further success stories in the months to come.”