Andrews Property Group has announced its acquisition of the Bath-based independent lettings agency HomeLets Bath.
David Powell, Managing Director of Andrews Property Group, outside a branch in Bath | Photo © Andrews
This strategic move significantly enhances the group’s lettings portfolio, strengthening its market position within the Bath lettings sector.
The acquisition increases its total managed portfolio to over 5,500 properties, consolidating Andrews’ position as a key player in the regional lettings market.
David Powell, managing director of Andrews Property Group, which is based in Keynsham, said: “This acquisition is part of our ongoing commitment to growth in the communities we serve.
“We understand the unique character of Bath’s property landscape and the importance of maintaining strong local relationships.
“This acquisition of HomeLets Bath, a respected independent Bath lettings agency, strengthens our presence in the Bath property market with additional local expertise and portfolio growth.
“The acquisition will add £1 million to our group turnover and, as a business owned by a charitable trust, increasing our profit helps to fund safe, high quality, and affordable homes for young people at risk of homelessness.”
Angharad Trueman, group lettings director, added: “We’re looking forward to getting to know the HomeLets Bath team and welcoming landlords and tenants to Andrews.
“Our priority is ensuring a smooth transition for everyone involved, maintaining the personal touch and local expertise that our customers value.”
Andrews has confirmed that the deal will not affect existing landlords and tenants, who will continue to receive the same level of service they’ve come to expect from the George Street-based agency, now backed by the additional resources of a larger operation.
In May 2024 Andrews announced it was leaving its headquarters at Bath Hill in Keynsham after more than 30 years, saying working patterns and operations had changed since the pandemic.
A prior approval application submitted to Bath & North East Somerset Council to change the use of the Bath Hill offices to 15 homes was approved last month.
Andrews’ registered office is in Keynsham High Street.
