National Home Move has acquired the Your Move Margate branch from Patrick McConnell through LSL Estate Agency Franchising’s (LSL EAF) branch resale programme.
The transaction adds to National Home Move’s existing portfolio of 51 Your Move and 13 Reeds Rains branches across Britain, making it LSL EAF’s largest franchise partner.
Franchise resale programme
The acquisition was completed through LSL EAF’s branch resale programme, which facilitates transactions between franchise partners within the network when existing owners seek to exit or retire. The programme enables existing franchisees to expand their operations whilst providing an exit route for departing partners.
Your Move maintains over 20 branches across Kent, including locations in Ramsgate, Sittingbourne, Sheerness and Ashford. The Margate branch will now operate under National Home Move’s management.
Lee Carratt, Franchise Partnerships Director at LSL EAF, said: “This is exactly what our Resale Programme is designed to do – match franchise partners looking to exit, with existing franchise partners looking to expand.”
Expansion strategy
Matthew McCreath, Managing Director of National Home Move, confirmed the company is pursuing further acquisition opportunities. “We’re actively seeking our next opportunity, partnering with businesses that align with our ambitions and can help us continue our growth journey,” he said.
The move follows a broader pattern of consolidation in the estate agency sector, with other groups completing multiple acquisitions to expand their geographical reach.
McCreath added that extending National Home Move’s presence across Kent represented a natural progression for the business. The company will continue working with local home movers and landlords in the Margate area.
The transaction represents another step in the ongoing consolidation of the franchised estate agency sector, as larger operators acquire branches to build regional density and market share.
