Legal 4 Landlords are specialists within the lettings industry, offering landlord services from tenant referencing and insurance to evictions and debt recovery.
Increasing it’s staff and turnover, Warrington-based Legal 4 Landlords has moved offices into a new building three times larger than it’s former headquarters. Currently they employ 25 people, but are recruiting a further 10, as they increase their tenant referencing service.
The business, which was launched in 2008 with Sim Sekhon, Stephen Moss and Binder Dhillon, has benefited from the boom in the rental market, giving the company the opportunity for further growth. Director Sim Sekhon said “The market is huge now, as more and more people are renting rather than buying. It has meant a demand for our services from letting agencies as well as private landlords who want to make sure they are getting the right tenants. “We have moved down the road to 2,500 sq ft premises, as we are actively looking to take on new staff.”
Legal 4 Landlords landlord insurance division has also shown strong growth, with 30 franchises across the UK. The group’s turnover is on target to reach £2m for the year to July, an increase of 50%.
The firm is also looking to expand its services overseas, either through franchising or by setting up offices itself. Mr Sekhon said “We are focused on consolidating are business in the UK while actively looking to launch in Europe. The countries we are targeting are Spain, Germany and Ireland. “The whole team has worked unbelievably hard over the last few years and it’s paid off. We’ve remained focused on our objectives to help make the lives of landlords and agents easier. “They need our services more than ever in the current climate, with evictions being at an an all-time high. “We’ve constantly improved our services and have plenty more plans in the pipeline. Last year, we launched a popular rent guarantee insurance product – it’s an area of the business that has grown significantly.”