EXPANSION AT THE DOUBLE FOR YORKSHIRE RESIDENTIAL LETTING SPECIALISTS

yard

Expansion drive...from left Will Linley, Sophie Hepworth and Nick Simpson celebrate the new deal that sees Linley & Simpson acquire Yard Properties

YORKSHIRE'S largest residential letting specialists has continued its expansion drive by completing its second acquisition in the space of just six weeks.

Linley & Simpson has taken over Yard Properties for an undisclosed sum as part of a deal aimed at further strengthening its Leeds city centre presence.

Yard, an independent agency founded by Sophie Hepworth almost five years ago, specialised in the renting of apartments in some of the Leeds' most sought-after city centre developments.

Yard

Expansion drive...from left Will Linley, Sophie Hepworth and Nick Simpson celebrate the new deal that sees Linley & Simpson acquire Yard Properties

YORKSHIRE'S largest residential letting specialists has continued its expansion drive by completing its second acquisition in the space of just six weeks.

Linley & Simpson has taken over Yard Properties for an undisclosed sum as part of a deal aimed at further strengthening its Leeds city centre presence.

Yard, an independent agency founded by Sophie Hepworth almost five years ago, specialised in the renting of apartments in some of the Leeds' most sought-after city centre developments.

Now, as part of the acquisition, its portfolio will transfer to Linley & Simpson's base in Swinegate - one of eight offices it now has across West and North Yorkshire.

The deal comes on the back of a spike in seasonal demand for rental properties which has resulted in Linley & Simpson's city centre office reporting its busiest month since opening its doors on Yorkshire Day 2005.

Director Nick Simpson said: "Even though this is traditionally a busy time of year for letting agents, we are witnessing unprecedented demand.

"Our Leeds city centre office is an increasingly important part of our business and it is vital that we keep pace with client demand by growing our property portfolio in a planned and strategic way.

"Our acquisition of Yard is a key part of this process and will help us to maintain our position at the forefront of the Leeds city centre rentals sector.

"It will bring an additional dimension to our service - giving tenants a wider choice of property and offering new landlords access to an unrivalled database across our network of Yorkshire offices.

In August, Linley & Simpson acquired the Leeds portfolio of Mint Move Properties in a similar deal.

Linley & Simpson is Yorkshire's largest letting specialists, employing 90 people at offices in York, Harrogate, Wakefield, Ilkley, Wetherby and three in Leeds. This summer it was crowned the best medium-sized agent in the North of England at the prestigious 'Lettings Agency of the Year' awards.


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