Homesure completes acquisition of Beech Properties

A Liverpool-based letting agency has completed its fifth company acquisition in seven years, making it the largest independent property management business in the city region. Tony McDonough reports.

Homesure’s Mark Loughnane, Nick Stott, Steven Kenny

 

Homesure Property is an independently owned and managed estate and letting agency. From its head office in Woolton Village, it provides specialist support to investors and landlords.

Since launching in 2007, the business has grown from a team of two, to now more than 40-strong, and operates across three offices.

Its latest acquisition of Beech Properties’ portfolio adds 200 landlords to Homesure’s client base and creates vacancies for property managers at all career levels.

Homesure operates an entirely paperless office system and was an early adopter of new technology. Through it’s thorough and innovative approach to client management, it has demonstrated its ability to scale up, without compromising on quality of service.

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Beech Properties has provided hundreds of new Liverpool homes in its tenure, and attracted Irish investment into the city since 2004.

Its founder, Gordon Cuthbert, appointed Homesure Property earlier this year, when he made the decision to return to Ireland full time.

Nick Stott, CEO of Homesure Property, said: “We respect Gordon and the hard work he’s put in, attracting foreign investment into Liverpool and providing quality homes. Our values align, so we’re pleased to be able to provide a continuity of service to Beech landlords.

“We’ve transitioned all landlords formerly managed by Beech onto our future-proof property management system.

“It’s more challenging to manage property now than ever before. With increased legislation, coupled with things like selective licensing for landlords, there are a lot of plates to keep spinning.

“We’ve created a business model that meets those challenges in a way that smaller firms and self-managing landlords inevitably struggle to do.

“By selling to Homesure, Gordon can be safe in the knowledge that his clients will be supported for the long term.”

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