, also known as LSL
, is the parent company of both Your Move and Reeds Rains, and forms the third-largest Estate Agent
chain in the United Kingdom
. Formed in 2005 following its buy-out of northern-England based franchise Reeds Rains, the company also includes smaller subsidiaries such as Home Inspectors, Linear Mortgage Network, Homefast, Barnwoods, Chancellors Associates and Linear Financial Services.
is an estate agent
established in the North of England since 1868, with branches operated in a franchise
format. The company was founded by Samuel Rains, and currently operates 140 branches in most cities northern England and the Midlands
. It was bought out by the owners of Estate Agents Your Move
in 2005, who formed the parent company LSL. Reeds Rains form part of the fourth-largest chains of Estate Agents in the United Kingdom
by number of offices. The 2008 credit crisis is has taken its toll on the parent company of Reeds Rains, with LSL
reported to have closed 12 offices between January and May 2008, in contrast to 2006, when house prices were on the rise and individual franchises in the chain were faring better.