Hunters Property Group, the York-based estate agency, has acquired Gateway Lettings of Easingwold, North Yorkshire, for an undisclosed sum. Gateway was owned by Margaret Calvert and Helen Marden. Its portfolio includes properties in and around Easingwold, Thirsk, Ripon and Boroughbridge, where it also has an office. The acquisition will bring Hunters’ letting business’s workforce to 57 and the group’s total turnover to about £7m.

Kevin Hollinrake, MD, Hunters Property Group, said, “This is a strategic acquisition for Hunters as we already have a strong presence in both Boroughbridge and Easingwold.

“The combined business will operate from our existing offices in these towns.” Hunters’ letting business now has seven branches, having franchised its brand a year ago.

“The property market has stabilised over the past few months and this new acquisition will strengthen our position in the market and help us to grow our lettings business in 2010 and beyond,” he said.