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Well-known estate agency acquires local rival – London Wallet

Mark Helprin by Mark Helprin
November 28, 2023
in Real Estate
Well-known estate agency acquires local rival – London Wallet
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Pattinson Estate Agency in the North East of England has completed the acquisition of Ryedales Estate Agents, a well-established and respected estate agency in Cramlington.

Owners of Ryedales, Geoff and Lynne Stockdale, are poignant in their announcement, but most of all, they are reassuring in their address to their much-appreciated customers from over the last decades,

The pair issued a statement: “It is with regret that after over 35 years we announce our reluctant retirement due to ongoing health issues. We would like to reassure our customers, (whether sellers or landlords) that they will continue to receive the same high level of service without any inconvenience and disruption. We have made the decision to transfer the estate agency business to Pattinson Estate Agency, including all listed properties, ongoing sales and lettings, with effect from December 1st 2023.

“To assist with the smooth transfer, there will be a transitional period between 20th and 30th November 2023, where Ryedales and Pattinson Estate Agency will be operating in tandem. And finally, we would like to thank all our loyal customers past and present, for their support and faith over the decades.’

Ryedales has been a trusted name in the Cramlington area for many years, and Pattinson Estate Agency says it understands the importance of maintaining the high standards and strong relationships they have built with their clients.

Managing Director of Pattinson Estate Agency, Caroline Pattinson, said: “Whilst we are sad to see the end of an era with Geoff and Lynne’s retirement, we are more than happy to ensure that this is a smooth transition for their clients.

“Estate agents work together more than people would think, and we have had a good working relationship with the Ryedales team for a long time.  Geoff and Lynne have placed a great deal in trust in passing across their clients to us, they have focused on offering an excellent service and we were delighted that they chose us to carry that on.

“Our neighbouring branch in Cramlington will become the new point of contact for sellers on the market, with our sales progression team assisting those sellers who are currently under offer and the property management team working with landlords.   We wish them all the best in their next chapter.”

 





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