REG - LSL Property Svcs. - Acquisition by Pivotal Growth

LSL Property ServicesAnnouncement

12/07/2022 07:00

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RNS Number : 0894S  LSL Property Services PLC  12 July 2022

12 July 2022

LSL Property Services plc ("LSL")

Acquisition by Pivotal Growth of The Buy to Let Broker

LSL announces that Pivotal Growth, its joint venture established with Pollen
Street Capital, has made its fourth acquisition, The Buy to Let Broker, one of
the largest specialist buy to let mortgage brokers in the UK.

For further information, please contact:

David Stewart, Group CEO

Adam Castleton, Group CFO

LSL Property Services plc
 
investorrelations@lslps.co.uk

 

Helen Tarbet

Simon Compton

George Beale

Buchanan
 
0207 466 5000 / LSL@buchanan.uk.com

 

Notes on LSL

LSL is one of the largest providers of services to mortgage intermediaries and
mortgage and protection advice to estate agency customers, completing around
£41bn of mortgages in 2021. It represents around 10% of the total purchase
and re-mortgage market with around 2,900 financial advisers. PRIMIS was named
Best Network by Money Marketing in their 2021 awards and Best Network, 300+
appointed representatives at the 2022 Mortgage Strategy Awards.

LSL is one of the UK's largest providers of surveying and valuation services,
supplying seven out of the ten largest lenders in the UK, employing around 500
operational surveyors, and performing over 500,000 valuations and surveys per
annum for key lender clients. e.surv was named Best Surveying Firm at the 2022
Mortgage Finance Gazette Awards and Best Surveyor at the 2022 Equity Release
Awards with Mortgage Solutions.

LSL also operates a network of 225 owned and 128 franchised estate agency
branches.

For further information please visit LSL's website: lslps.co.uk
(https://www.lslps.co.uk/)

Notes on Pivotal Growth

Pivotal Growth was established in April 2021 as a joint venture with Pollen
Street Capital, to "buy

and build" a leading national mortgage broker.

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