Thu, 13 Aug 2026 | DIVISION SALE
Estate agency group My Property Box has expanded its presence in Teesside with the acquisition of a residential lettings portfolio. The purchase of the Horizon Sales & Lettings portfolio is the group’s 17th acquisition in seven years.
My Property Box has offices in Darlington, Newcastle and Northallerton. The group’s continued expansion is supported by a multimillion-pound investment secured from BGF in 2024.
The deal sees around 200 managed properties transferred into the group, while enabling Horizon to focus on expanding its property sourcing, refurbishment and social housing activities through its Horizon Community Living initiative.
Horizon Sales & Lettings was founded in 2019 and has rapidly established itself in Teesside, growing from a start-up to one of the area's best-known property businesses.
The acquisition follows My Property Box’s recent takeover of Ashington-based Clarke Holland’s lettings portfolio. Other previous acquisitions in the surrounding areas include County Durham-based Ready to Rent and Seaham-based Newton Assets.
Ben Quaintrell, founder and Chief Executive of My Property Box, commented: "As our portfolio continues to grow, we're able to combine the personal service of an independent agency with the benefits of operating at scale.”
"That means landlords benefit from greater investment in technology, compliance, marketing and specialist expertise, while tenants receive a responsive, professional service backed by dedicated local property managers.”
"This acquisition further strengthens our presence across the Tees Valley and reflects our confidence in the region's lettings market. We're continuing to speak with agency owners who are considering succession planning or looking to realise the value they've built while ensuring their landlords, tenants and colleagues are well looked after."
Martin McManus, director of Horizon, added: "We're incredibly proud of what we've built over the past six years and of the relationships we've developed with our landlords and tenants.”
"Transferring the managed lettings portfolio to My Property Box allows us to focus on growing Horizon Community Living and expanding our work in property sourcing, refurbishment and social housing."
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