Business booms for Northwood with first acquisition and new home

BUSINESS IS certainly booming for estate agency Northwood Oldham as they have moved to new premises and completed their first acquisition in the last few months.

NEW PREMISES: Northwood’s office on Lees High Street

The award-winning business has acquired an almost 200-strong property portfolio from Peapod Lettings and Estates and taken on two experienced lettings agents to join their team of seven.

Peapod Lettings and Estates had enjoyed ten successful years selling and renting properties but owner Anthony Bommer has sold the portfolio focus on his financial services business.

Completion of this acquisition follows hot on the heels of Northwood’s expansion into newly fitted-out offices on Lees High Street.

There, they will continue to expand their lettings and estate agency business across Oldham, Rochdale and Tameside.

Northwood Managing Director Mike Procter said: “This acquisition and our continued plans to expand by further places us firmly on the path towards becoming the key player for residential property lettings and sales in this area, committed to exemplary customer service and compliance.

“I am delighted to welcome Lyndsey and Emma into the Northwood family and look forward to meeting the tenants and landlords they have built great relationships with.”

Anthony Bommer said: “I and my team at Peapod have spent many years nurturing the business into a successful, well-respected lettings and estate agency.

“I sought a buyer who would not only let me realise the value of assets, but inspire confidence that Peapod landlords and tenants would continue to benefit from the best possible customer service. Northwood’s whole business model is founded on delivering just that.”

Northwood was established over 20 years ago in Portsmouth and the franchise now boasts a network of almost 100 offices across the UK, many award winning for customer service. Their industry leading unique Guaranteed Rent product is currently enjoyed by almost 20,000 landlords nationally, with over 57,000 rental properties managed by the PLC Group as a whole.

They are also one of the very few letting agents who have all their tenancy and landlord agreements approved by Trading Standards and the only UK letting agent to offer in house legal advice to landlords from their in house lawyers.

Find out more on Northwood’s website.

 

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