Coventry’s oldest estate agents is currently the area’s fastest growing after purchasing a rival firm and appointing five new partners in the space of a month.

Loveitts, which was established in 1843, last month purchased Rugby-based Clarkson Estate Agents, a move which senior partner Martin Greaves believes will make a huge difference to the company.

He said:

"We previously had an outlet on Church Street in Rugby but for various different reasons during the recession we were forced to close it and move out.

"When the opportunity arose about a month ago to buy Clarkson Estate Agents off Graham Clarkson we jumped at the chance because it gives us coverage in that area which is vital.

"Graham Clarkson has been retained as a consultant and the added bonus is that we have acquired one of the prime positions on estate agents row in Rugby."

Loveitts then decided to capitalise on their expansion with the announcement of five new partners at the firm, something Greaves admits was long overdue.

He said:

"We have only appointed one new partner in the last 15 or 20 years so we have really grasped the nettle and given five members of staff the opportunity to be a real part of this company’s future.

"We have been going for 150 years now and I would say we are the biggest independent in the area."

The company was based in Hertford Street before bombing during the war forced them out of the premises, and after a brief interval purchased their current outlet on Warwick Row in 1950.

True to the company’s background even this building has historical significance.

Greaves explains: