My Property Box has expanded it portfolio with two North East acquisitions.
The agency, backed by a multi-million-pound investment from BGF, has boosted its rental portfolio by more than 360 properties following the purchase of two County Durham letting agencies.
The estate agency group has taken over Ready to Rent and Newton Assets, which oversaw properties in the Seaham area. Both businesses were sold due to retirement.
These are the company’s second and third acquisitions of 2025 and follow the purchase of Darlington-based Bellwood & Harris earlier in the year. In total, My Property Box has now completed 15 acquisitions in just seven years, cementing its position as a leading player in the North-East property market.
With offices in Darlington, Newcastle and Northallerton, My Property Box continues to extend its reach across the North-East and North Yorkshire.
Both acquired businesses’ client bases have been informed of the transaction, with all services seamlessly transferred to My Property Box.
Ben Quaintrell, founder and CEO of My Property Box, said: “We’re delighted to welcome the clients of Ready to Rent and Newton Assets. Both agencies were run with dedication and professionalism, and we’re proud to carry forward that legacy while providing landlords and tenants with the benefits of our modern, technology-focused approach.
“These acquisitions further strengthen our presence in County Durham and align perfectly with our strategy of carefully targeted growth. The investment from BGF is enabling us to accelerate our expansion plans, and we remain committed to building our portfolio while delivering the high standards of service our clients expect.”
James Baker, investor at BGF, added: “It’s great to see My Property Box continue to deliver on its buy and build growth strategy and extend its reach across the North East and Yorkshire. There remains significant M&A opportunity in sectors ripe for consolidation, such as the residential lettings market, and BGF’s patient capital model, value creation offering and experience of buy and build can help unlock this growth potential.”
