EDINBURGH-based property service firm Cox & Co has expanded into England with the launch of a new finance division.
The business was acquired by County Durham-based Casa Group eight months ago and has been operating as a standalone company since the seven-figure deal.
The acquisition laid the foundations for the company’s first cross-border move in the form of Casa Finance. Casa Finance is a trading style of Cox & Co, which is authorised and regulated by the financial conduct authority, with the new arm of the business set to create a number of employment opportunities in the north east of England and across the UK.
From commercial lending and equity release to portfolio restructuring and private client finance, the division will offer what bosses believe is a one-stop shop for clients.
Grant Williamson has been appointed as the company’s first mortgage advisor south of the border, having had similar roles with both Barclays and most recently Howden.
John Cox, MD for Casa Group Scotland, will be spearheading the growth of the financial services arm. He said, “The acquisition allows us to expand Cox & Co’s finance arm across the group with the launch of Casa Finance. We can now provide a whole of market mortgage proposition to new customers as well as our existing pool of clients and landlords alongside our lettings, sales and property management services.
“We believe we are now a true one-stop shop for buyers, sellers, prospective tenant buyers and investors across the UK and our ambition is to become fastest growing property services group in the UK, offering a true turnkey service.
“We have been working hard on integrating Cox & Co into the wider group. As a board, we have taken a considered and structured approach to ensure everything is implemented correctly. Our priority has been to fully prepare the financial arm for rollout, ensuring we have the necessary capacity in place and have recruited appropriately.”
