The Landlord Hub, formed just two years ago in Peterborough, has been acquired by Let Insurance Services Ltd.
With offices in Southampton and Banbury, Let Insurance Services trades as LetRisks.
It specialises in bespoke insurance and tenant referencing products for the private rented sector and has a wide client base of reputable letting agents including a number of blue chip companies throughout the UK.
The Landlord Hub has a strong customer base across the UK and has seen rapid growth - helping more than 10,000 tenants per month move home.
Managing Director Heidi Shackell, who founded The Landlord Hub originally with Martin and Co, will become CEO of the merged business (subject to FCA approval).
Philip Cook, LetRisks Chairman said: “The Landlord Hub is a relatively new, but fast growing business. We are delighted that this merger will take us forward on the next stage of our journey, and maximising the potential of the combined tenant referencing and lettings insurance business.
“This is a great opportunity for both businesses. LetRisks have invested heavily over the last year in technical infrastructure and the management team have years of experience in both the lettings and insurance sectors.
“The Landlord Hub is an innovative, fast developing business with particular emphasis on their referencing products and customer care. Their partnerships with some of the biggest UK letting agencies speaks for itself and I am confident that now the two brands are under one umbrella the future looks very bright for all of us, particularly for our clients.”