Agency marks 15 years in business by achieving £100m portfolio

18 November 2020 | Renting

Agency marks 15 years in business by achieving £100m portfolio

A lettings agency is marking its 15th anniversary with news that it now has over £100m worth of property in its portfolio.

Berriman Eaton – a West Midlands agency with offices in Tettenhall, Wombourne and Bridgnorth – launched its dedicated lettings service 15 years ago and says its rapid growth recently is down to a focus on marketing, local knowledge and personal service.

It manages over 320 properties, has recorded a 15 per cent increase in appointments since the end of the first lockdown, and has taken on a new apprentice to support the four-strong lettings team.

“We’ve grown from about 40 properties in 2006 to being responsible for a £100m-strong portfolio, a great way to celebrate 15 years of Berriman Eaton,” explained managing director Andy Roberts.

“We are now one of the largest operators in the area and are always looking to build on this platform by seeking more properties going forward.”

“Purchasing habits have changed dramatically in the last 15 years and the stigma of letting has shifted” says Roberts.

“Easier flexibility and freedom to move if your circumstances change for work or personal reasons and no maintenance costs attached with owning a property are big draws. Renting can also help you live in more sought-after locations than buying does, as you don’t have to find the substantial deposit associated with a purchase.”

He concludes: “These are all trends we are looking to support by investing in the latest administrative support and our network of approved contractors, who are available to provide immediate repairs and maintenance. It’s all about the level of service – this is what differentiates us from the rest.”

This post has originally been featured in Letting Agent Today.