Leading North East chartered surveyors and property consultants, YoungsRPS has yesterday (Thursday 5 October) announced a deal which will see established commercial surveyors and estate agents, Stanton Mortimer merge with the business – creating a new major player in the regional property market.
The merger will see Stanton Mortimer’s branches – Newcastle city centre and Northallerton come under the YoungsRPS banner across commercial property, rural and residential agency markets. The new locations will add to the existing YoungsRPS network of offices in Hexham, Alnwick and Sedgefield.
Following the merger the overall headcount will stand at 35 across five branches, covering the North East, North Yorkshire, Cumbria and Scotland. The two brands will continue operating, providing an even better service to existing and future clients.
The move follows a successful year for independent firm YoungsRPS, which has seen turnover of £1.8million in the last 12 months and a number of major new commercial contact wins with regional homebuilders such as Anvil and Duchy Homes. Following the deal, the business has plans in place to increase turnover to an expected £2.8million by May 2018.
Stanton Mortimer clients include a faith based charitable trust with commercial and agricultural interests throughout the UK. Its directors, Neil Mortimer and Michael Blake, have an unrivalled knowledge of the area across a broad spectrum of property disciplines. They will now join the board at YoungsRPS which includes Robbie Hutchinson and Graeme Bruce, Joint Managing Directors of YoungsRPS.
Robbie Hutchinson, Managing Director of YoungsRPS, said: “We are delighted to be joining forces with Stanton Mortimer. The deal will add to our all-round property expertise by bringing extra strength to our commercial property department alongside our current residential and rural offer.
“In the near future we will be adding personnel to the rural department of the Northallerton Stanton Mortimer office – covering a wide range of agricultural matters including farm sales, land management, utility and compulsory purchase, planning and development as well as Basic Payment and Environmental Scheme advice.
“The merger will further our presence across the North East and North Yorkshire, allowing us to offer an even better service for our valued clients.”
Michael Blake, Director of Stanton Mortimer, said: “We’re delighted to join YoungsRPS, we will bring to the table our experience and local knowledge. Clients can expect to see our services grow in the future, as we acquire more specialist talent to bolster our commercial and rural teams. It’s an exciting time and we’re pleased to be joining forces with YoungsRPS.”
Chartered Surveyor, James Thompson from YoungsRPS is set to spend part of his time as part of an enhanced rural team at the Northallerton branch. Not only is James a land agent but he is also hands on helping his parents on their farm at Masham, North Yorkshire.
The land agency side of the business continues to prosper thanks to the skilled expertise of the team – most of whom come from a farming background and have a unique understanding of rural issues first-hand.
YoungsRPS has had a number of high-profile planning permissions granted over recent years. The firm is prominent in identifying development land on behalf of clients and currently has 1,500 acres under option and 700 acres of land under promotion across the region for commercial and residential development.
From its beginnings in 1879, YoungsRPS is a long-established property business with expertise across multiple disciplines. The company provides professional advice across a broad spectrum of residential, commercial and rural matters and has a reputation for high quality advice alongside efficient and friendly service.
For more information on YoungsRPS visit www.youngsrps.com