Scottish lettings group Umega has acquired Dundee agency Easylets, Property Industry Eye reported on 3 November 2026. The deal was completed around three months before the announcement and is described as Umega’s sixth acquisition since 2015.
The report puts the combined portfolio at more than 3,800 homes under management. Easylets founder Jack Reavley retains a shareholding and continues to lead the Dundee operation. Its existing name and staff will remain, with access to the wider group’s operational, technology, marketing and compliance support.
Neither the transaction price nor the size of the founder’s remaining stake was disclosed. Umega has also expressed interest in further acquisitions in Edinburgh and Dundee and in other parts of Scotland, but no timetable for additional deals has been announced.
What continuity means for customers
A retained local brand can provide a familiar point of contact during an ownership transition. Landlords can ask which activities remain with the local team and which will be supported centrally. It is useful to understand who handles maintenance instructions, rent statements, tenancy administration and escalation of service queries.
Tenants can keep a clear record of their usual repair contacts and ask for written confirmation if those arrangements change. An acquisition announcement should not be treated as an instruction to send money to a different bank account. Check any unexpected payment request through a trusted contact route before acting on it.
For landlords considering the agency, compare the written management service with the needs of the property. Ask about communication frequency, the scope of included work and any additional charges. A larger group may describe shared resources, but the relevant question is how those resources will support the individual instruction.
A local business story
This announcement concerns a Dundee agency joining a wider Scottish group while its founder remains involved. It illustrates one possible route for an independent owner who wants to sell a stake without immediately leaving the business. It does not disclose enough information to assess the deal’s valuation or predict the outcome of future acquisitions.
For existing customers, practical continuity should be assessed through the service documents and the information provided directly by the agency, alongside the public announcement.