Let Leeds was set up in January 2009. Luke had moved away from a major housebuilder due to the recession and saw a large increase in the private rented sector. Luke started Let Leeds from his spare bedroom with a £3000 investment.
In 2010 Luke took on his first employee Neil, who helped Luke build the business to 60 managed properties in the portfolio.
In 2011 Let Leeds moved into its first office. It was a 2 person pod in the basement of Leeds City College, especially for start-up businesses in their first years of trading. It was a fantastic opportunity to be around like minded entrepreneurs running some exciting businesses.
In 2012 Let Leeds took on their second employee, Natalie, who is still with us now! Natalie looked after all the administration, referencing and accounts. Luke dealt with the Landlords and Neil worked hard letting the properties.
In early 2012 Let Leeds tendered a deal for GVA grimly to take on and manage almost 50 city centre flats, from then on, the growth of Let Leeds accelerated.
In late 2012 Let Leeds had an opportunity to take on a graduate from Luke’s previous University, Northumbria in Newcastle. We had almost 100 applications for the role and after a 3 stage interview we narrowed it down to 2 candidates, Duncan and David. We couldn’t decide between them so we took both of them on.
David and Duncan were fantastic, working hard to bring in new Landlords as well as letting properties specifically in the Student Market. Let Leeds grew from 100 properties to 200 under management in under a year. David and Duncan moved on to big things, both now still working in the industry in corporate jobs.
During 2013 Let Leeds fully refurbished and moved into its own premises on Burley Road. Let Leeds further accelerated its growth of employees and its portfolio of both professional and student properties. By this point Let Leeds managed in excess of 300 properties. David Shaw joined the company as a freelance Lettings Negotiator and we quickly saw the excellent social skills David utilised to become top Negotiator.
2014 was a tough year with the loss of key staff to new ventures, including Neil, Nikola and Karl and all were extremely hard staff to replace. 2014 was a stagnant year for the business and remained on just over 300 properties under management.
2015 was an exciting and pivotal year for the business.
In Sept 2015, Let Leeds appointed Laura Scanlan to Branch Manager. Laura was a high flyer at the company joining the business just 18 months prior as a Lettings Negotiator and has become the leading figure in the organisation.
2015 was also an exciting year for the business with Let Leeds first acquisition. A real challenge and learning curve.
Let Leeds pipped 4 other agents to win the bid to take over retiring Keith Green, owner of Greenhaven properties. Let Leeds added a further 200 properties to its portfolio via the acquisition which was hugely successful in every way.
In 2015 Let Leeds also launched its property sales operation which specialises in the sale and transfer of investment properties.
In late 2015 Let Leeds appointed Arris to refresh its Brand. Something different to other agents which encapsulated its fresh approach, love of property and determination to exceed our customers’ expectations. By spring 2016 Let Leeds new branding was revealed.
In 2016 Let Leeds appointed Cris Fowler to manage the new Pudsey Branch, and set about closing, refurbishing and reopening the Pudsey branch.
Let Leeds now operates with 16 Full Time employees broken down into 2 accounts, 1 marketing, 7 property consultants, 2 negotiators, 2 administrators, 2 branch managers and myself. By the end of 2016 Let Leeds had grown its portfolio to almost 600 properties under management.
Let Leeds is keen to continue its growth, both in student HMO properties and the professional lettings market. With the ban on Tenant Fees coming in anywhere between late 2017 and early 2018, this year looks to be a tough one for the lettings industry with one property professional expecting 3000 independent agents to be put out of business due to fierce online competition and the upcoming ban on fees.