Property lettings agency’s takeover deal boost

LETTING agency Dymock Properties has announced an expansion deal that has seen its housing portfolio increase by 33%.

The Dundee firm has taken over Professional Propertay after owners Dal and Laura Chima decided to hang up their keys and retire.

Dymock Properties director Neil Dymock was approached by the couple to take on the business, adding their 40 homes to his firm’s existing portfolio of around 120.

Neil established his Broughty Ferry business in 2022, after years working with Easylets.

The former Dundee High FP rugby captain decided to go it alone as he approached his 40th birthday.

Neil has seen his business grow in the two years since as the property and rental market takes its “crazy” path out of the pandemic restrictions and changes to legislation in Scotland’s rental market.

He said: “I wanted to establish a company before I was 40, and see if I could go out on my own and succeed after 15 years with Easylets.

“It was, like most people in business, started by blind ambition and a desire to test myself.

“We have just acquired Professional Propertay Ltd, which was run by Dal and Laura Chima.

“They approached us asking if we would be interested in taking on their business, as they were looking to retire.

“They were looking for a trusted business and, like most letting agents in the city, our paths had crossed several times.

“With this acquisition we add their 40 properties to our existing portfolio of 120.”

He added: “The property market is crazy at the moment – certainly in my years doing this I have never experienced anything like it.

“The average time we will have a rental available is around two weeks.

“There is a huge demand for two and threebedroom homes and flats.

“The next year is shaping up to be very interesting.

“The market is showing no sign of slowing down.”