Your Move and Reeds Rains to close 124 branches?
Concerns at two of the UK’s biggest names in Estate Agency with Your Move and Reeds Rains declaring that jobs could be at risk due to closing of 124 branches. The reason being for the closures and mergers is the vision to create larger ‘keystone’ branches containing latest in technology as well as larger office space and key members of staff.
LSL Property Services PLC, Newcastle located, who own the brands are looking to decrease the stores from 404 down to 280 across the UK.
LSL is quoted as saying: “Following the completion of this comprehensive review, we announce today the planned creation of keystone branches across Your Move and Reeds Rains. “These keystone branches will be branded as either Your Move or Reeds Rains. They will be situated in core locations across the UK and will generally have larger teams of dedicated experts in residential sales, lettings and financial services roles than the average Your Move and Reeds Rains branches have in place today.
Our ambition is for the keystone branches to be centres of excellent customer service, great places to work and efficiently run and supported.”
More can be read on the Chronicle Live website.
You May Also Enjoy
Breaking Property News 11/6/26
Cost of void periods climbs by as much as 53% for landlords
Lack of Supply Keeps Upward Pressure on Rents
First-time buyer price hotspots revealed
Summer set to bring seasonal spike in homeseller activity
