Cumbrian entrepreneur invests in Lakes Estates

A Cumbrian businessman has invested in a county estate agency.

Michael Seggie, who runs vehicle leasing business, has taken a substantial stake in Lakes Estates alongside Rob Anderson and Glenn Howard who founded the estate agency last year.

Michael said: “I wanted to diversify my business portfolio and I’ve always had an interest in property. I heard about the opportunity through a business associate, liked the sound of it and saw the potential.

“Once I met Glenn and Rob it was pretty much a done deal.

“Their fresh approach came across, very much sales-led and not one-size-fits-all. I can help them by taking on the day-to-day running of the business, freeing them up to source, value and sell properties.”

Lakes Estates offers a flexible fee structure.

Rob said: “Why should a vendor pay more just because their house is worth more? Before we take on a property, we sit down with the vendor, work out what we need to do to sell it and agree a fee accordingly.”

Glenn said that he and Rob were thrilled to have Michael on board.

He added: “He brings business acumen. He’s a good salesman who has built a solid business in a very competitive market. He’s a bit of a visionary.

“Rob and I both come from senior positions in estate agency but we don’t have experience of running a business day-to-day. That’s where Michael can support us. His involvement is a positive step that opens doors for the future.”

Lakes Estates began trading from an office in Devonshire Arcade, Penrith, in the summer of last year handling property sales across the county.

There are plans to expand by recruiting agents with extensive local knowledge as associates.

Want to find out more? Contact Lakes Estates today by calling 01768 639300 or emailing