Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.

Dwelly Acquires Paramount Properties in Tenth Deal of 2026

Dwelly has completed its tenth acquisition of 2026, purchasing long-established London estate and lettings agency Paramount Properties. The deal adds around 1,100 fully managed properties to Dwelly’s network, bringing its total managed portfolio to over 15,000 properties.

Paramount Properties, based in West Hampstead since 1989, is known for its residential sales services across North West London and lettings across the capital. Its property management operation covers more than 80 London postcodes. The agency’s 30-strong team will remain in place, with managing director and co-seller Spencer Lawrence continuing to lead the business following the acquisition.

This acquisition marks another significant move into the London market for Dwelly, following previous purchases of Eden Harper, Settio, and Kensington-based Shaws. Dwelly’s acquisition model involves retaining the local brands, teams, and management of the businesses it acquires, while introducing its technology and operational infrastructure in areas such as property management, maintenance, compliance, and communications.

The Paramount deal is Dwelly’s tenth acquisition of 2026, following nine earlier transactions this year. The company continues to target established independent agencies across the UK, with a particular focus on expanding its presence in London.

For UK letting agents and inventory clerks, the acquisition signals ongoing consolidation in the sector and the increasing role of technology and operational support in property management. Paramount’s established presence and team will remain, with additional investment and support from Dwelly.