Connells acquires Midlands estate agency
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Connells has acquired Burchell Edwards, an independent network of 16 estate agency branches in the Midlands.
Connells will offer its mortgage service in each of the acquired branches.
The Burchell Edwards network provides residential sales, lettings, conveyancing and mortgage advice across Derbyshire, Staffordshire, Birmingham, Nottinghamshire and Leicestershire.
Connells’ acquisition will see its branch network increase to 487 offices, while the firm will also take ownership of Burchell Edwards’ conveyancing firm Be Legal.
Stuart Flavell, chief executive of Connells, says: “This acquisition of an already successful and profitable independent estate agency will reinforce Connells’ strength in the Midlands housing market.
“Burchell Edwards will retain its existing trading names but benefit from Connells’ mortgage provision and support systems, both of which will allow Connells to target a wider pool of buyers on behalf of our lender partners.”
He adds: “We are keen to expand the business further and are seeking future acquisitions of estate agency and lettings businesses. If anyone is currently in these markets and looking to sell, I would urge them to get in touch as soon as possible.”
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