Property specialist snaps up a local estate agents

PROPERTY specialist Cavendish has acquired the lettings portfolio of a North Wales estate agents.

- By OWEN HUGHES

Cavendish, which has offices in Chester, Ruthin and Mold, has purchased the lettings arm of Connah's Quay-based Keystone Property and Mortgage Centre.

The deal enables Cavendish to continue the expansion of the property management side of the company, and allows Keystone to focus on their fast-growing estate agency and mortgage broking service across North Wales, Chester and Wirral.

David Adams, managing director of Cavendish, said: "From our early discussions, it was clear that the values and ethos of our two businesses were very closely aligned.