The move gives Countrywide its 47th estate agency and lettings brand and the agency becomes a part of Countrywide’s 1,300 offices nationwide, including Sotheby’s International Realty and Hampton’s International.
The Blundells management team will continue to lead the business including managing director Steve Hinshelwood, and the original founder, Michael Blundell.
Grenville Turner, Countrywide Group chief executive, (pictured) said: “This acquisition forms a key part of Countrywide’s strategic plan. We have long admired the success of Blundells, its management team and its strong presence in Yorkshire and Derbyshire. It is a business that has a strong brand, an experienced and committed workforce, and its branch locations make it a great fit for our network.”
The management teams at Countrywide and Blundells have reportedly been working closely together since last year to explore opportunities.
Steve Hinshelwood, managing director of Blundells, said: “This acquisition marks an exciting new era for Blundells. The housing market remains challenging, and being part of a company like Countrywide enables us to deal with these challenges more effectively and take advantage of the opportunities that this market presents to us.
Countrywide is the UK’s largest estate agency and property services Group, employing more than 9,000 staff. Its property services include estate agency, lettings, mortgage and insurance services, land and new homes, franchising, auctions, surveying, conveyancing and corporate property management services.
