Letting firm buys out rival

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Residential sales and letting firm ​​​​​Linley & Simpson has accelerated its expansion programme with the acquisition of a ​rival independent agency.

​Linley & Simpson, which has a network of 11 offices across North and West Yorkshire, has taken over the rental portfolio of the York Property Company.

The deal​,​ completed for an undisclosed sum​,​ will see all the properties managed by the York Property Company’s office in Stonegate merge into Linley & Simpson’s branch in Micklegate, which has just had a record year.

​​Linley & Simpson​ said the deal will help it keep pace with increasing demand for rental properties in York and the surrounding communities.