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LSL launches property asset management service

LSL Property Services has today launched a property asset management service.

The new company, called St Trinity Asset Management, has been created following LSL Property Services PLC’s acquisition of Halifax Estate Agents earlier this year.

The business previously traded as HEA Corporate Services and will be run by managing director Ian Long and corporate director Chris Hinks, both of whom managed the business for HEA.

It offers a range of residential property services, including advising banks, building societies, national house builders, charities and housing associations on their disposal strategies.

Hinks says: “The launch of St Trinity Asset Management has opened many new doors for us. While a lot of people thought HEA only dealt with HBOS properties, the reality was very different. St Trinity’s client base is much further reaching, and we now act for many well recognised high street brands, including banks, building societies, national house builders, charities and housing associations.”

LSL last month bought troubled network Home of Choice for £1.5m with the majority of former HoC appointed representatives now trading under the First Complete banner, a subsidiary of LSL.

However, the FSA stopped 23 ARs from being reauthorised with First Complete, temporarily, 13 of which were being barred from transferring due to compliance investigations.

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