Property firm creates £29m rental portfolio through acquisition

lettingaproperty.com has added Mashroom’s portfolio of rent collection and management properties to its brand.

The acquisition boosts Warwickshire-based lettingaproperty.com’s property management services in the Midlands and across the UK, as it now manages over 1,800 properties with a rental portfolio exceeding £29m per year.

Since 2008, lettingaproperty.com has provided tenant sourcing, rent collection, and property management services, known for its landlord dashboard and support from property experts.

Mashroom has shifted its focus to providing targeted leads for letting agents and mortgage brokers, using its industry knowledge and technology to support agents in growing their portfolios and enhancing their services.

Jonathan Daines, CEO of lettingaproperty.com said: “We are delighted to welcome Mashroom’s landlords and tenants to the lettingaproperty.com family. The swift and smooth migration underscores our commitment to delivering exceptional service and technological innovation. Our enhanced landlord dashboard will provide Mashroom’s clients with unparalleled convenience and efficiency in managing their properties.”

Adam Male, CRO of Mashroom, said: “The deal to integrate our existing rent collection landlords into lettingaproperty.com’s service, marks the beginning of an exciting new chapter for Mashroom. By pivoting to provide targeted leads for letting agents and mortgage brokers, we are able to focus on what we do best – leveraging technology to connect the right people and create opportunities for growth within the property rental market.”