Western Mail

Top property firms merge to provide a better service

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TWO leading property agents and chartered surveyors in mid Wales and Shropshire have merged.

Morris Marshall & Poole (MMP) and Norman Lloyd have merged in a deal that will see a single business created, incorporat­ing Welshpool Livestock Sales (WLS), one of the UK’s largest livestock marts.

The merged businesses will be named Morris Marshall & Poole with Norman Lloyd, bringing together the local expertise of both businesses, which specialise in residentia­l, commercial and agricultur­al property and land services throughout Powys, Shropshire, Ceredigion and south Gwynedd.

“The merger is a key part of our ongoing investment in growing the business and providing our customers with the best possible service.” said Tony Evans, a partner at MMP.

“The expanded team allows the merged business to specialise in many parts of our business, meaning that our customers have the benefit of someone who fully understand­s the issues at hand, can advise, guide and act on their behalf in a knowledgea­ble manner and add extra value to our customers in our work’’

David Jones, a partner at Norman Lloyd, said: “MMP and Norman Lloyd are two well-establishe­d and respected business in the area with obvious synergies. By integratin­g the businesses, we will be adding to the benefits we can offer our existing clients as well as future customers.

“The merger of the two firms will expand the partnershi­p and staff levels to provide an unparallel­ed team in the area with a wealth of local knowledge of the market place.”

Norman Lloyd offices at Newtown, Welshpool and Llanidloes will transfer to the existing MMP offices in these three towns. Its Bishop’s Castle office will become part of the MMP network, with offices at Llanidloes, Newtown, Welshpool, Aberystwyt­h, Oswestry, Machynllet­h, Rhayader and Tywyn, and a presence in Aberdyfi.

This year MMP opened a dedicated lettings office at Back Lane in Newtown, where it lets and manages a portfolio of nearly 800 properties in mid Wales and Shropshire. It also opened a new office in Rhayader.

The company will employ 60 staff throughout the area, providing profession­al residentia­l and commercial property sales, lettings and valuations, plus agricultur­al services and surveying.

Mr Evans said: “This merger will allow our Welshpool livestock sales customers to benefit from our presence on site and we will be available to assist them from this base on market days and will be easily available from this new office base during the rest of the week.”

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