My Property Box Expands Portfolio With Acquisition of Two North East Letting Agencies

BGF-backed estate agency group My Property Box has strengthened its position in the North East property market with the acquisition of two County Durham letting agencies.

The deals, which see the company take over Ready to Rent and Newton Assets, add more than 360 rental properties to its portfolio. Both agencies, which managed homes in the Seaham area, were sold following the retirement of their owners.

These latest acquisitions mark My Property Box’s second and third deals of 2025, following its purchase of Darlington-based Bellwood & Harris earlier in the year. In total, the business has now completed 15 acquisitions in just seven years, underlining its reputation as one of the region’s fastest-growing estate agency groups.

The expansion is being driven by a multi-million-pound investment from BGF, the UK and Ireland’s most active growth capital investor, which was secured in July 2024 to support the group’s ambitious buy-and-build strategy. With offices in Darlington, Newcastle and Northallerton, My Property Box continues to extend its reach across the North East and North Yorkshire.

Clients of both Ready to Rent and Newton Assets have been informed of the transaction, with all services seamlessly transferred to My Property Box.

Ben Quaintrell, founder and CEO of My Property Box, said: “We’re delighted to welcome the clients of Ready to Rent and Newton Assets. Both agencies were run with dedication and professionalism, and we’re proud to carry forward that legacy while providing landlords and tenants with the benefits of our modern, technology-focused approach.

“These acquisitions further strengthen our presence in County Durham and align perfectly with our strategy of carefully targeted growth. The investment from BGF is enabling us to accelerate our expansion plans, and we remain committed to building our portfolio while delivering the high standards of service our clients expect.”

James Baker, Investor at BGF, added: “It’s great to see My Property Box continue to deliver on its buy and build growth strategy and extend its reach across the North East and Yorkshire. There remains significant M&A opportunity in sectors ripe for consolidation, such as the residential lettings market, and BGF’s patient capital model, value creation offering and experience of buy and build can help unlock this growth potential.”

Founded in 2012, My Property Box has built its reputation through a focus on customer service and investment in technology, helping it stand out as one of the region’s most dynamic estate agency groups.