Countrywide plc has made a “significant” investment in Camberley based The Buy to Let Business.
The firm currently employs 65 people and has ambitions to expand in order to capitalise on growth in the sector. It registered turnover of £5m in 2015/16 and has achieved average turnover growth of 86% in each of the last three years.
It says its partnership with Countrywide will mean it now has access to deeper resources and expertise to help it accelerate its growth plans.
Peter Curran, managing director of Countrywide Financial Services, said: “Countrywide has a clear vision of ‘bringing people and property together’, so a focus on providing an exceptional customer experience is central to our values. Our investment in The Buy to Let Business represents a great strategic and cultural fit and will also enable our private rental and financial service businesses to create a market-leading proposition for landlords. It is also a clear statement of our belief in the sectors’ importance and longevity.
“The impressive growth that The Buy to Let Business has achieved since formation is a testament to the quality of the business, the exceptional customer service from its people and the vision of Ying [Tan] as managing director. We very much look forward to welcoming them into our Group.”
Ying Tan, managing director of The Buy to Let Business, added: “The Buy to Let Business was built on a strong belief that the market needed a company that provided property investors with an unprecedented level of customer service. The company’s success and our passionate belief in these founding principles has ensured the company’s outstanding growth to date.
“I am convinced that Countrywide’s investment and expertise will help propel us to the next exciting level of our development. Our vision and culture is aligned and bringing these dynamic brands together is a mouth-watering prospect.”