LSL Property Services has completed the acquisition of appointed representative (AR) network TenetLime.
The acquisition was announced in August last year after Tenet Group announced a strategic review of its business which included the disposal of its networks. LSL acquired 133 AR advisers in the process.
The acquisition completed on Friday.
Jon Round, group financial services director at LSL, said: “I am delighted to welcome the TenetLime businesses and advisers into the Primis Network. It has been a real pleasure for myself and my colleagues to meet so many of the Tenet advisers at our recent series of regional events and we look forward to supporting their 2024 plans.
“Primis has seen significant organic and acquisitive growth over many years, and I am pleased to be able to extend the Primis proposition to yet another set of firms and advisers.”
In a trading update last week, LSL said its financial services network division has seen a growth in its market share of the purchase and remortgage sector to 10.7 per cent in 2023.
It also pointed to the impending completion of the TenetLime buyout, saying the business was “on track to deliver the planned business benefits.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
