My Property Box has increased its portfolio of rental properties by 20% following the completion of a takeover deal.
The move is part of the Darlington-based letting agency’s strategic plan to grow its business throughout the Tees Valley and comes just seven years after the company was founded.
As a result, the number of homes on its books has grown following the takeover of Holt Estate Agents, which formerly had an office in Thornaby.
My Property Box is an innovative lettings agency which recently moved into its new headquarters in Grange Road, Darlington, after purchasing the building.
It has embraced digital marketing and technology to deliver a range of letting services, including a bespoke digital platform for landlords and mobile app for tenants.
The company has created its own suite of software allowing landlords to access contract forms via a smartphone as well as being able to photograph and submit required documents.
Tenants also benefit following the development of in-house application software ‘AppTrack’ which allows employment and landlord references, ID checks and credit checks to be gathered more efficiently, reducing the whole completion process.
Managing director Ben Quaintrell said: “The addition of such a significant number of properties in this area of the Tees Valley has allowed us to grow the footprint of our business.
“My Property Box has added more homes to its portfolio as a result of the takeover, which underlines our ambition to continue to grow and make our innovative and comprehensive services available to landlords and tenants across a much wider area.”
My Property Box uses its local expertise to match people with property and provides a three-stage service for landlords – including a fully managed service. it also offers an instant 60 second property valuation for prospective landlords.