Key Points
- Plans for Expansion: Castle Property Group is creating a new office in Newcastle city centre for extending their presence in the North of England.
- Office Location & Launch Date: The office will be located at Wizu Workspace, with a sales team starting from October 2026.
- Corporation Portfolio: Castle Property Group has property brands like We Buy Any Home and Sold.co.uk.
- Experience & Achievements: The company was founded 16 years ago and has completed more than 7,000 transactions involving home buy-sell, worth more than £1bn.
- Two Hubs: The Newcastle office will act as a complement to the company’s current head office of the company that is located in central London.
Newcastle upon Tyne (Newcastle Times) September 21, 2026 – Castle Property Group, the parent company of major real estate brands We Buy Any Home and Sold.co.uk, has announced a expansion into the North of England with the opening of a new regional office in Newcastle city centre.
The London-headquartered firm has selected flexible office space at Wizu Workspace to house its northern operational hub, with a dedicated sales team scheduled to begin work from the premises in early October.
Since its establishment 16 years ago, the firm has completed more than 7,000 residential transactions totaling over £1bn in property value, making this new move a strategic shift toward directly servicing its growing regional client base.
Why is Castle Property Group expanding into Newcastle?
As reported by high-value trade reporting in The Intermediary, Elliot Castle, Chief Executive Officer of Castle Property Group, explained the business logic underpinning the strategic regional move, stating:
“So much of our work is in the north so it makes sense to set up a base there and relocate part of our sales operations.”
Elliot Castle further pointed to the regional economic dynamics of the North East residential market as a fundamental factor in the firm’s decision-making process. As reported by The Intermediary, Elliot Castle stated that
“Newcastle is the perfect choice. It’s a bustling city and the property market in the North East is one of the strongest in the country. We want to be in the heart of it.”
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What operational presence will Castle Property Group establish in the North East?
The new office inside Wizu Workspace in Newcastle city centre will serve as the administrative and sales anchor for the firm’s northern projects. The central London office will continue to serve as the group’s central headquarters, while the Newcastle branch will operate as an active sales hub to streamline property acquisitions, management, and fast-turnaround property sales handled by subsidiary brands like We Buy Any Home and Sold.co.uk.
By establishing a local footprint in Newcastle, the group aims to position its sales and operations teams in closer proximity to northern housing inventory, local conveyancing partners, and regional property sellers.
Background
Castle Property Group was established 16 years ago and has developed into a prominent entity within the UK’s professional home-buying and fast-sale real estate sectors. Through its trading brands, including We Buy Any Home and Sold.co.uk, the company offers alternative liquidity options for residential property owners seeking streamlined sales outside the conventional estate agency process. Over its 16-year operational history, Castle Property Group has managed and executed more than 7,000 residential property transactions across the UK, accumulating a cumulative real estate trading value exceeding £1bn. Until this recent expansion, its principal administrative operations remained concentrated in central London.
Prediction
The establishment of Castle Property Group’s northern base in Newcastle is likely to have immediate and medium-term impacts on local property sellers, regional real estate professionals, and the regional job market:
- For Homesellers in the North East: Property owners seeking rapid or guaranteed property sales will benefit from enhanced local market expertise and quicker processing times, as dedicated northern sales staff will directly handle regional transactions.
- For the Local Labour Market: The move introduces sales and real estate management positions to Newcastle city centre, providing opportunities for local property professionals within a well-capitalised firm.
- For Regional Property Markets: Castle Property Group’s physical expansion highlights growing corporate confidence in the stability and transaction volume of the North East property sector relative to broader macroeconomic trends across the wider UK housing landscape.
