{"id":31635,"date":"2026-06-17T17:27:54","date_gmt":"2026-06-17T16:27:54","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=31635"},"modified":"2026-06-17T17:27:54","modified_gmt":"2026-06-17T16:27:54","slug":"sourced-living-partner-becomes-agency-owner-in-just-49-days","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/sourced-living-partner-becomes-agency-owner-in-just-49-days\/","title":{"rendered":"Sourced Living Partner becomes agency owner in just 49 days"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><span data-contrast=\"auto\">A new Sourced Living Partner has completed on the purchase of an established letting agency just 49 days after joining the network.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">John Clark\u00a0acquired\u00a0a business with 262 managed units, \u00a3293,000 annual turnover and existing landlords, tenants,\u00a0systems\u00a0and team already in place.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The \u00a3450,000 purchase was fully funded by Sourced through the Assisted Acquisitions Programme.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Building a lettings business with support<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Sourced Living gives Partners the brand, training,\u00a0technology\u00a0and ongoing support needed to build a lettings business.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For some Partners, that journey can also include\u00a0acquiring\u00a0an existing lettings agency or portfolio, rather than starting completely from scratch.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Through the Assisted Acquisitions Programme, Sourced supports Partners with suitable acquisition opportunities, business reviews, due diligence,\u00a0funding\u00a0and guidance after completion.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Why\u00a0this matters<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Starting a lettings business can take time. Landlord relationships, managed units, systems,\u00a0processes\u00a0and income are usually built gradually.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">John\u2019s story shows a different route.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">By\u00a0acquiring\u00a0an established business, he stepped into agency ownership with an existing portfolio and operational structure already in place.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">At Sourced, the approach is simple: we\u00a0do not succeed\u00a0unless our Partners succeed. That is why the support continues before, during and after completion.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Watch the full interview<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In the latest Sourced in the Spotlight interview, John shares his journey, how the acquisition process worked and what life looks like now as the owner of an established letting agency.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For anyone exploring the idea of owning a lettings business, John\u2019s story is a powerful example of what can be possible with the right opportunity and support behind you.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new Sourced Living Partner has completed on the purchase of an established letting agency just 49 days after joining the network.\u00a0 John Clark\u00a0acquired\u00a0a business with 262 managed units, \u00a3293,000 annual turnover and existing landlords, tenants,\u00a0systems\u00a0and team already in place.\u00a0 The \u00a3450,000 purchase was fully funded by Sourced through the Assisted Acquisitions Programme.\u00a0 Building a [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":31636,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[929,1577],"tags":[],"class_list":["post-31635","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investment-franchises","category-sourced-living"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2026\/06\/image-25.webp","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/31635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=31635"}],"version-history":[{"count":1,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/31635\/revisions"}],"predecessor-version":[{"id":31637,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/31635\/revisions\/31637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/31636"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=31635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=31635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=31635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}