Breaking News: CGT Lettings and CGT Sales Ltd Acquires Twinley Property

Posted on: 2 September 2022

Breaking News: CGT Lettings and CGT Sales Ltd Acquires Twinley Property

CGT Lettings Limited are delighted to announce the acquisition of Gloucestershire based residential lettings and estate agent Twinley Property, owned by Saffron Dougall and Amber Hinds.

Twinley Property was set up by Saffron and Amber in 2019 to sell and let property around the city of Gloucester. Both having previous backgrounds in estate agency and lettings, Saffron and Amber took their passion for property to launch their own bespoke business. After 3 successful years, they made the decision to move on from Twinley to spend more time with their families and focus on new and exciting projects in the future. This acquisition, the third for CGT in 3 years, adds further strength to their rental portfolio and bolsters their sales pipeline by increasing their footprint across the city of Gloucester. CGT Sales was set up to sell property across market in 2019 and has been fast growing ever since, now with 3 members of staff working with vendors and buyers across the county. Following a robust due diligence process, the asset sale of Twinley took place officially as of 1st September 2022.

Saffron and Amber said about their decision to move on from Twinley: “It wasn’t an easy decision to close our successful and well revered business, that said we take great reassurance knowing our loyal clients are going to be taken care of by CGT, a fellow conscientious estate and letting agency who share the same ethos and will deliver the same high standard of service expected by our clients. 

This decision derived from the difficulty of juggling to maintain our total commitment to our clients alongside that of our other full-time job as parents. We must also prioritise our wellbeing after the last year, which has taken a great toll on it.

We, therefore, hand over the reins to the capable hands of CGT along with our best wishes.”

Managing Director at CGT Lettings, Angharad Trueman, said: ‘’We are very pleased to complement our business by acquiring another portfolio into our growing brand. Amber and Saffron have shown such passion in setting up their business and have grown it well through a turbulent few years with the pandemic.

Their insight and knowledge of the area is a tremendous asset and will ensure a smooth and seamless transfer for all clients. It’s clear we share the same values of hard work and dedication to our clients and therefore I am confident Twinley’s previous landlords and vendors will be very happy moving to CGT.

I am thrilled that we are adding further strength to our status as the largest independent agent in Gloucestershire as we move forward with our expansion plans across the county and beyond.”

The sale was effective at the beginning of September and the team at CGT have spent a busy few days making contact with all new landlords, tenants, vendors and buyers to facilitate a smooth transition into working with CGT.

CGT lettings now has nearly 2000 properties under management across its five branches in Cheltenham, Gloucester, Quedgeley & Kingsway, Tewkesbury and Stroud. The sales division CGT Sales operates from a central location in Cheltenham, selling property across the county.

More news will come as soon as we have it. For now, though, CGT Lettings Ltd would like to extend a warm welcome to all our new clients, who they are sure will be very happy working with CGT in the future.

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