LSL Property Services increased its activity in its assisted acquisition programme during 2025, positioning the initiative as an important growth driver across its estate agency franchising operations. The Newcastle headquartered business, which operates brands including Your Move and Reeds Rains, has focused on supporting franchise partners in the acquisition of lettings books as part of a wider strategy to expand its franchised estate.
The programme involves helping franchisees to source deals, execute transactions and access financing, usually through loans. This is designed to promote scalable growth while controlling capital expenditure. Throughout 2025, franchisees completed ten lettings book acquisitions, a significant rise on the three recorded in 2024. The pace of activity highlighted how the LSL assisted acquisition programme has become a key component of the company’s approach to growing its network.
LSL benefits from additional royalties generated by increased franchise lettings activity, creating a financial return that strengthens the commercial rationale for the initiative. As a result of the acquisitions, three new branches have been opened during the year, alongside a further three launched by existing franchisees. Together, they demonstrated how the LSL assisted acquisition programme supports expansion at both network and individual franchise levels.
Adam Castleton, chief executive of LSL, said: “Supporting the expansion of our EAF franchisees is an important growth driver for LSL. Our aim is to support our franchisees with our expertise and to help grow their footprint, improving their positions in their markets and creating capital light ROI for LSL. The assisted acquisition programme is one of several services through which we support franchisees, who are operating in a dynamic and fast changing environment with increasingly significant regulatory requirements, such as the proposed Renters Rights Bill.”
The activity in 2025 reflected a consistent strategy of enabling franchisees to strengthen their market positions at a time of regulatory change. The emphasis on sourcing acquisitions and providing finance aligned with a model focused on sustainable, capital light expansion. The LSL assisted acquisition programme remained central to this objective, reinforcing the company’s broader ambitions for growth across its franchised estate.
