Lettings firm Dwelly has acquired Midlands-based Albery Tyson, marking its fourth acquisition of 2026 following a £69 million funding raise earlier this year.
The transaction adds approximately 250 fully managed properties to Dwelly’s portfolio and expands its footprint in the Midlands region. The Albery Tyson portfolio will be integrated into SBK Lettings in Market Harborough, which Dwelly acquired last year.
Consolidation strategy
Dwelly’s acquisition approach targets independent lettings agencies with established local market presence and existing client bases. The company states it is investing in operational systems and AI-based technology designed to reduce administrative tasks and improve operational efficiency.
The move reflects broader consolidation trends in the property management sector, with management changes at industry firms and regional expansion by franchised operators indicating ongoing market activity.
Marcus Ainsworth of Albery Tyson said: “Having built the business over many years, it was incredibly important to find a partner that understood the value of local relationships and the culture that sits behind a successful independent agency.”
Sam Humphreys, head of M&A at Dwelly, said: “Following our recent funding raise, there’s naturally been a huge amount of interest from agency owners exploring what their next step might look like. But for us, acquisitions have never simply been about scale.”
Market implications
The acquisition activity follows Dwelly’s recent capital raise and suggests continued consolidation in the UK lettings sector. The company indicated it has received significant interest from agency owners since securing funding.
The integration of smaller independent agencies into larger platforms with technology infrastructure represents a shift in the lettings management landscape, particularly as regulatory requirements and operational costs continue to increase for property managers.
