Elizabeth Davenport, the Warwickshire Estate & Letting Agents & Yeoman & Owen Estate Agents based in Coundon, have announced an acquisition of stock.
Davenports have taken on the majority of sale stock of Yeoman & Owen, who are going to be specialising in the mortgages and financial services area of their business. The deal allows both parties to advance in their favoured sectors whilst keeping all of their clients happy.
Matt Owen of Yeoman & Owen was pleased to announce “This focus will allow us to grow our mortgage and financial services business, whilst continuing to offer the personal and tailored service that our existing clients are accustomed to. At the same time, we are delighted to be working closely with Elizabeth Davenport who will take on the majority of our sales properties.”
Yeoman & Owen, established back in 2004, have been a respected and well known name in the west of the city and have built a solid reputation based on excellent customer service. Matthew has been a financial adviser for 30 years and set up Yeoman&Owen Financial Services in 2015 offering independent mortgage and protection advice.
Elizabeth Davenport Director Nick Luntley said “There are only a few other agents we could work with and we didn’t hesitate at the chance to work closely with Matt and his team at Yeoman and Owen.”
“We are pleased to be increasing our market share on the west side of Coventry. Affluent districts such as Coundon, Allesley and the Broad Lane area align directly with our business strategy. This is quite a coup for us to be able to increase our portfolio of stock. Thanks must go to Matt and his team for helping to make the transition a very smooth one.”
Davenports, who have branches in Coventry, Kenilworth & Stratford upon Avon, were established in 2009 and operate sales and lettings departments throughout the region.
The deal has been struck at a challenging time for the property and mortgage markets. However, both companies firmly believe the future is bright for the Coventry housing market with long term demand still outstripping supply.
Matt Owen commented “We believe 2024 will bring renewed activity in the property sector. Many people need to move home or sell for a variety of reasons, at the same time needing finance to facilitate the purchase of their next property. Being an independent mortgage adviser means we can source and advise the right financial solution. Coventry has seen a lot of investment over recent years and is attracting buyers from out of the area, so the future looks bright.”