LSL Today
LSL has established market leading
Acquisition of Reeds Rains
positions in its market segments MBO of Your Move Acquisition of Linear
and e.surv Mortgage Network
LSL is one of the UK’s leading residential property
services groups operating throughout the
MILESTONES 2004 2005 2006
residential property services value chain – Estate
IPO on main
Agency, Lettings, Asset Management, Financial market, valuing
Services, Surveying and Valuation Services. the business at
£208m
It provides a broad range of services to a range of
customers including lenders, buyers and sellers of
residential properties, tenants and landlords.
ESTATE AGENCY DIVISION – ESTATE AGENCY AND RELATED SERVICES
RESiDEntiAL SALES AnD LEttingS ASSEt MAnAgEMEnt
• Second largest estate agency network in the UK • Market leader.
LSLi
and the largest lettings network (made up of wholly • 10,800 repossessions in 2012 (2011: 11,200).
owned, franchised and virtual branches1). LSLi is the holding company for 6 estate
agency brands with a combined network of • Utilises a network of up to 4,200 (2011: 3,500)
• Strong established high street brands with 533 50 branches (made up of wholly owned and estate agency branches.
branches (2011: 568) (made up of wholly owned, franchised branches) (2011: 41).
franchised and virtual branches). www.lsli.co.uk
• Exposure to prime Central London property market
as a result of the acquisition of Marsh & Parsons in
November 2011.
• Branch services include Residential Sales, Lettings
and Financial Services. LSL CORPORATE CLIENT DEPARTMENT
LSL Corporate Client Department started
• Technically advanced proprietary browser based IT
trading in 2008 and operates a repossessions
systems common across most brands. asset management business and a property
• Successful franchise model operating in 136 management business for multi-property
branches across Your Move, Reeds Rains, and landlords.
Intercounty (2011: 142). www.lsl-ccd.co.uk
• Members of The Property Ombudsman (TPO), with
a sales and lettings code of practice. The sales code
of practice is approved by the Office of Fair Trading.
1
Based on LSL’s own calculations and assessment of branch
numbers using publicly available data.
YOUR MOVE ST TRINITY ASSET MANAGEMENT
The largest single brand UK estate agency The Group’s second asset management
with 293 branches operating throughout the business was created in 2010 following the
UK (made up of wholly owned, virtual and acquisition of HEAL Corporate Services (as
franchised branches). Your Move is the most part of the HEAL Business acquisition).
visited UK estate agency website* (2011: 314). Mortgage Advice
www.sttrinityassetmanagement.co.uk
www.your-move.co.uk
* Source: Neilsen December 2012
REEDS RAINS MARSH & PARSONS TEMPLETON LPA
A predominantly northern based network of Leading London premium brand estate Law of Property Act fixed charge receiver.
175 branches (made up of wholly owned and agency operating in the Central, West and
www.templetonlpa.co.uk
franchised branches) (2011: 199). South West London property markets out
of 15 branches (2011: 14).
www.reedsrains.co.uk
www.marshandparsons.co.uk
06 ANNUAL REPORT AND ACCOUNTS 2012