Charters Group acquires Southampton estate agent
Surrey and Hampshire estate agent Charters Group has acquired Southampton-based St Moores Lettings and Property Management, bolstering its lettings portfolio and maintain stability for St Moores’ clients.
The relationship between the two firms goes back to at least the 1990s when Robert Mott, chairman of Charters Group, began his estate agency career with St Moores.
He said: “Naturally we’re delighted to welcome Charters’ acquisition of St Moores. Our association spans many years and our mutual successes have been exciting to watch.
“I’m also proud that the superb systems and operational practices I’ve implemented in my businesses were based on the ground-breaking processes developed by St Moores many years ago.”
Read more - The Charters Group acquires Knights Porter
As part of the acquisition, around 400 St Moores letting properties will move into Charters’ portfolio, which has more than 2,000 managed properties.
Karen Bowditch, Managing Director of St Moores, agreed: ‘It’s wonderful to see what Robert has achieved during his career and I couldn’t be happier knowing that my business will be in safe hands in what is a very natural fit.
“It is becoming increasingly difficult for a small lettings business to keep up to date with the swathe of legislative changes within the industry, and it gives peace of mind knowing that Charters robust systems and procedures will ensure ongoing compliance for our landlords.
“I’m very happy to be remaining on board following the acquisition and I’m looking forward to joining the Charters family.”
Read more - Charters Estate Agents acquire Southampton’s Clarke Mews
