LSL Property Services sells its 49.6% shareholding in LMS for £12 million

LONDON, UK: LSL Property Services announced the sale of its holding of 49.6% in LMS (Legal Marketing Services), a provider of conveyancing panel management services, to a UK Private Equity firm, for a cash consideration of £12 million. The sale simplifies the Group structure, providing further capital for deployment into opportunities to accelerate the Group’s…

LSL Property forms £200m joint venture with Pollen Street Capital

LONDON: LSL Property Services has formed a joint venture with Pollen Street Capital (PSC) to establish Pivotal Growth Limited, a vehicle seeking to become a leading national mortgage broker powered by market leading technology, first class regulatory compliance and exemplary customer service.  It is planned that at least £200m will be made available by way…