Dream homes from Northwood

We were delighted to feature in The Press & Journal on 25th February. Read what our Managing Director, Laura Mearns, has to say about the Aberdeen property market and our family-run company – a multi-award winning one at that!

Laura Mearns, Managing Director in the office of Northwood
Laura Mearns, Managing Director
(Photo: Ross Johnston/Newsline Media)

Introduction to Northwood – A Leading Estate and Lettings Agency in the North-east

“If you are looking for your new dream home, then look no further than one of the North-east’s leading estate and lettings agencies, Northwood. Specialising in residential property leasing and sales in Aberdeen City and Aberdeenshire, the award-winning company has gone from strength-to-strength after what has been a particularly challenging few years for the industry.

At the helm of the family run business is Laura Mearns, who founded the first North-east branch with husband Steven in 2009. Based in Rosemount Place Aberdeen, and now with a second shop on West High Street Inverurie, the business is a franchise of Northwood GB, which has six offices in Scotland and more than 90 offices around the UK.

Northwood’s Unique Guaranteed Rent Scheme

In 2020, with a growing annual turnover and a strong market share in the lettings industry thanks to Northwood’s unique guaranteed rent scheme – which allows Northwood to become your tenant -Laura took the decision to build on the company’s success and formally launch the estate agency part of the business. The following couple of years proved to be a challenge on an unprecedented scale as the pandemic struck and lettings and sales of property stalled. Despite this, the team at Northwood achieved 50% growth in the estate agency business in 2021, and a further 25% growth in 2022.

With the recent welcome news that the region’s commercial and residential property markets are beginning to rally, and that Aberdeen is once again bucking the trend with property prices across the UK forecast to tumble this year, Laura and her team are looking forward to an exciting and busy year with demand for rental properties outstripping supply and sales enquiries hitting record highs.

“The past few years have been difficult, but we have overcome this by being innovative, adapting to new technologies, and responding to market conditions quickly and proactively. We will continue to grow our sales offering via our estate agency department by capitalising on increased market share in both Aberdeen city and the Shire through our strong office and online presence and our commitment to our clients,” said Laura.

Northwood’s Positive Outlook in a Recovering Market

Laura is particularly proud of the 12-strong Northwood team, who ensure that clients’ property investments are looked after to the highest standard. This approach has already reaped rewards, with the company picking up a slew of top prizes at the UK’s largest estate and letting agents’ award ceremony, the allAgents 2022 Awards, where they won three golds in the categories of Best Estate Agent in Aberdeen 2022, Best Estate Agent in AB25 Postcode 2022, and Best Estate Agent in Aberdeen City 2022.

For a free no obligation valuation, contact the Northwood team on 01224 218450.