LSL Property Services has acquired The Buy To Let Broker in an undisclosed deal via its acquisitive joint venture with Pollen Street Capital.
The North East-based property group - which includes Your Move and Reeds Rains - briefly told investors about the deal with Pivotal Growth, which is the fourth since the partnership was set up.
It is part of LSL's "buy and build" strategy and follows the purchase of The Loan Partnership Limited earlier this year.
Read more: North East deals of the week: key contracts, acquisitions and investments
The Buy To Let Broker is described as one of largest specialist buy-to-let mortgage brokers in the UK and is based out of a head office in Southport.
It was launched in 2013 and offers a range of mortgage products including buy to let, limited company mortgages, houses in multiple occupation (HMO), bridging finance and residential mortgages.
Pivotal Growth was set up in April 2021 with private equity specialists Pollen Street Capital to buy and build a national mortgage broker "powered by market leading technology, first class regulatory compliance and exemplary customer service."
It announced at the end of last year that it had at least £200m available by way of equity and debt to fund acquisitions.
LSL is one of the country's largest mortgage advisory and services groups, completing about £41bn of mortgages in 2021.
It also provides surveying and valuation services to major UK lenders and operates a network of 225 owned and 128 franchised estate agency branches.
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