Sourced Living

Building a lettings business takes time. Winning landlords, growing a managed portfolio and recruiting the right people all take work.

For Partners ready to take on an established agency, acquisition can offer a faster route to scale.

In 2026 so far, Sourced Living has funded three completed acquisitions across seven branches, helping Partners become business owners and giving existing Partners the opportunity to grow.

With another nine acquisitions in the pipeline, here’s what the programme has made possible this year and how it works.

What is the Assisted Acquisitions Programme?

Our Assisted Acquisitions Programme helps Sourced Living Partners buy established letting agencies or managed portfolios, with funding of up to 100% of the approved purchase price.

That means taking on a business with existing landlords, managed properties and recurring income. Depending on the acquisition, it can also include branches, experienced staff and established systems.

The programme supports both Partners entering agency ownership and those looking to expand a business they have already built.

Sourced helps assess the opportunity, supports the acquisition process and continues working with the Partner after completion.

This year’s acquisitions at a glance

In 2026 so far, acquisitions have brought:

• 7 new branches into the Sourced Network 
• 830+ managed units 
• 31 new team members 

All three acquisitions were 100% funded by Sourced for our Partners.

Behind those figures are three different journeys.

Dan joined Sourced Living in February and, just a few months later, took over a two-branch lettings business with £425,000 annual turnover and more than 200 managed properties.

John completed his £450,000 agency purchase just 49 days after joining, becoming the owner of a business with 262 managed units.

And Sara, who had already built her portfolio organically to 33 properties, acquired Complete Estate Agency in Devon. The acquisition added four branches, 375 managed properties and 23 employees, taking her total portfolio to 408 properties.

For each Partner, acquisition provided the opportunity to take a significant step forward, backed by Sourced’s funding and support.

Support that continues after completion

Completing the purchase is a major milestone. Running and growing the business is the next chapter.

Partners continue to have access to one-to-one business support, training, technology and the wider Sourced Network as they settle into ownership.

That support can help them plan for growth, develop their approach to winning business and make use of the systems available through Sourced Living.

Taking on an established agency brings responsibility for its clients, people and reputation. Having a team to turn to throughout that transition is an important part of the programme.

A business you can keep building

Acquisition is one of the ways Sourced Living helps Partners grow.

Our wider package brings together the training, lettings and property management systems, marketing support and ongoing guidance needed to build a business of their own.

Partners can grow organically by winning landlords and management instructions, then explore acquisition when a suitable opportunity comes along.

Sara’s journey shows how those routes can work together. She built her initial portfolio with Sourced Living’s support before using a funded acquisition to expand to more than 400 managed properties.

Whether a Partner is working towards their first clients or preparing to lead a larger team, the aim is to support their next stage of growth.

Another nine acquisitions in the pipeline

Following this year’s three completed acquisitions, another nine are in the pipeline, expected to complete in the coming months.

That means further opportunities for Partners to take ownership of established businesses and expand their presence within their territories.

The results so far show what the programme can make possible: seven branches, more than 830 managed units and 31 team members brought into the network through acquisitions fully funded by Sourced.

Could you do the same?

If you’re interested in owning a lettings business or growing an existing one, explore what becoming a Sourced Living Partner could look like for you.

Frequently asked questions

What is the Sourced Living Assisted Acquisitions Programme?

The programme helps Sourced Living Partners acquire established letting agencies or managed portfolios, with support to assess the opportunity, progress the purchase and grow the business after completion. Funding of up to 100% of the approved purchase price is available.

Can Sourced fund 100% of an acquisition?

Yes. Sourced can fund up to 100% of the approved purchase price, subject to assessment and approval. All three acquisitions completed through the programme in 2026 so far were 100% funded by Sourced.

Do I need to build a lettings portfolio before acquiring an agency?

You don’t need to follow one fixed route. Some Partners have acquired an established agency shortly after joining, while others have built their business organically before expanding through acquisition. The right approach depends on your circumstances, ambitions and the suitability of the opportunity.

What does buying an established letting agency include?

Depending on the acquisition, it can include an existing managed portfolio, landlord relationships, recurring income, staff, branches and business systems. Each opportunity is assessed individually so you understand what you would be taking on.

How quickly could I complete an acquisition?

Timescales vary depending on the business, due diligence, funding approval and the legal process. John completed his purchase just 49 days after joining Sourced Living, but every acquisition has its own timeline.

What support will I receive?

Sourced helps identify and assess suitable opportunities, supports due diligence, arranges approved funding and guides Partners through completion and handover. After the purchase, Partners continue to have access to one-to-one business support, training, technology and the wider Sourced Network.

Can I continue growing organically after an acquisition?

Yes. Acquiring a business gives you an established base to build on. You can continue winning landlords and management instructions, with Sourced Living’s ongoing support to help you grow.