14th May 2024
An increase in buy-to-let appointments and record turnover has led to Landwood Group planning to expand its operations after a record quarter of growth. This expansion comes just six months since a management buyout of the expert chartered surveyors and auctioneers.
Landwood Group has decided to extend its services beyond the core business and is looking for talented property professionals to help them achieve that.
Since a management buyout, Landwood has had a record Q1 - thanks largely to the increase in recovery and receivership cases. Their overall turnover is up by 10 per cent - with their core business up 70 per cent.
As part of their strategic expansion, Landwood is venturing into building and development consultancy, as well as expanding its existing commercial and residential agency and auction services.
Mark Bailey, Partner at Landwood, said: “The results we have achieved are a testament to our dedicated team and we take immense pride in our successes. “However, our strategy has always been to expand and broaden our offerings across the sector. “The expansion of our solvent services fits neatly into our growth strategy and we are keen to attract more ambitious professionals who can help propel us forward in consultancy and agency, mirroring the successes we've achieved in recovery and receivership.”
Since the management buyout in November 2023, Landwood Group has surpassed all of its financial targets with a series of client wins in distressed buy-to-let portfolios and commercial recoveries.
As part of their planned expansion, they will be looking to bring in specialist building consultants, development consultants and commercial and residential agents and auctioneers at a senior level.
Read more about Landwood Group here with Auction News - https://auctionnews.com/auctioneers/landwood-group
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