Leicestershire estate agent merges with lettings firm

Estate agent Newton Fallowell, with local offices in Loughborough and East Leake, has merged with lettings firm Homelet, adding a third office in Kegworth.

Newton Fallowell managing director Richard Morris and Daniel Howitt of Homelet become partners in the property lettings and management division, known as Newton Fallowell Lettings.

Morris said: “At a time where landlords face an ever-changing property investment market and increased regulations, we see our newly formed partnership in lettings and management as an asset to local landlords seeking an independent family run operation which has been missing from the local property scene over the last few years.

Howitt added: “We have seen an increasing number of landlords become frustrated with the larger run operations following take overs in recent years of the smaller guys. This is something we wanted to avoid and having known Richard for many years we felt our two family run businesses would complement each other by retaining the familiar faces and experience within our companies.”