Listing on the Stock Exchange, launching a new website, and implementing a million pound sales service. Martin & Co have had a busy year, and with exciting plans to benefit landlords in 2014, there looks to be no holding back the UK’s largest franchised property business.
Martin & Co has been a hot topic in the news in 2013. The flotation sparked media interest from the leading national papers and trade publications, as they documented the company’s debut on the London Stock Exchange as the 100th and last company to list in 2013.
Becoming a public company is a kite mark of quality, it means that the company has undergone the scrutiny of the oldest stock exchange in the world, and passed. If the toughest investment managers are happy to plough millions into the business then landlords should feel confident when trusting Martin & Co to manage their property.
Recent articles in the Financial Times, The Express and The Sunday Times attest to this. It is a strong endorsement for Martin & Co that it has attracted such high-quality institutional shareholders during the admission process.
And what about the new capital that has been generated?
The IPO raised £4m in new money, which the Board has earmarked for investment in 2014 in helping Martin & Co franchisees acquire competitor business and thus extending their footprint into new territories. The majority of the nation’s property stock is already within drive time of a local Martin & Co office, however the company have plans to continue expanding into new territories. Which is great news for landlords who could find that a new Martin & Co office is within closer proximity to their property.
The flotation signals a new chapter for Martin & Co, and as 2014 dawns the business is busy making plans for the new year. The new year will see 110 offices across the country offering both sales and lettings, with company ambitions to convert even more offices to offer both services, which is the perfect combination for local landlords and vendors.
Those on the lookout for new buy-to-let investments should enquire about the potential investment properties for sale at their Martin & Co office. Landlords will benefit from using an agent that they can trust to not only help them find their next investment, but to manage their property after the sale. With a proven track record of exceptional customer service, and the popularity of the Help to Buy scheme amongst buyers, it comes as no surprise to Martin & Co that the sales service is exceeding initial expectations.
It’s not only new services that will be benefiting landlords in 2014. The company has ambitions to become more digitally focused, with a goal to produce the best customer service for both landlords and tenants across all platforms.
At the end of 2013, Martin & Co launched their faster and more versatile website. The digital team built their own property search platform utilising the latest technology, which enables users to conduct fast and comprehensive property searches. The business has big plans for their digital growth by further developing their website, and creating an innovative members portal aimed at both landlords and tenants. The members portal will make communication between landlords and offices seamless, as well as provide intelligent tools, which will make it easier for landlords to identify investment opportunities by using real estate data about the area.
The company has been growing from strength to strength since it was first established in 1986, and with exciting future plans, you can expect to see even bigger things from Martin & Co in 2014.
To keep up to date with Martin & Co, look to our recent articles on http://www.martinco.com/news/