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Franchise network expands following acquisition of independent estate agency – London Wallet

Mark Helprin by Mark Helprin
July 18, 2025
in Real Estate
Franchise network expands following acquisition of independent estate agency – London Wallet
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L-R: Robert Clarke, Craig Wicking, Paula Kelly, Ken Lawrence, Daisy Pearce, Ben McEneaney & Peter Mahoney

Martin & Co has officially opened a new office in Leigh, further expanding its presence across Greater Manchester. The launch follows the strategic acquisition of local firm Redwaters Lettings by Martin & Co Rochdale franchise owners, Peter Mahoney and Craig Wicking.

Completed in October 2024, the deal saw Mahoney and Wicking take over the Redwaters Lettings business, retaining its central office and staff. The branch has now been fully rebranded and is trading as Martin & Co Leigh, bringing the company’s property services to the area.

This latest launch marks the second major acquisition by Mahoney and Wicking since they took ownership of the Martin & Co Rochdale franchise in October 2023. Their first, the bolt-on acquisition of Let’s Relocate in April 2024, increased their managed portfolio by 23% and underscored their plans for expansion. The new Leigh branch is their first standalone office, signalling the next stage in their strategic growth.

Alongside its strong lettings foundation, the Leigh office will also offer residential sales. The team will additionally provide Investor Services, including property sourcing, mortgage referrals, and full management to help maximise long-term rental returns.

Wicking said: “Our new Leigh office opens its doors this month. On paper, it’s an expansion. Another location. Another pin on the map. But that’s not the real story,” said Wicking.

“We’re opening in Leigh because we believe the town deserves a lettings and sales agency that puts people first – not targets, not margins, not shortcuts. My background is in education, where I learned that trust isn’t something you get, it’s something you earn. By showing up, doing the right thing, and not cutting corners. That same principle guides our work in property.

“Whether we’re supporting landlords through regulatory change or helping buyers take their first step, we’re not just managing transactions. We’re building relationships and we’re accountable for the outcomes. That’s what we’re bringing to Leigh: respect for tenants, clarity for landlords, and an ethos that says: Do the right thing. Especially when it’s hard.”





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