Business Career
Phil Spencer was the original founder of Garrington Home Finders Ltd, a property search company he created in 1996. In 2008, Garrington was affected by the sharp down-turn in the property market and Spencer was forced to look at how to address the effect this had on his business. As a result the country property search part of the business was sold via a management buyout. Through this sale Garrington Country Ltd was formed and operated alongside Garrington Home Finders Ltd.
However, the continuing fall in housing transactions forced Spencer to take the final decision to conclude Garrington Home Finders Ltd and went into administration. At this point Garrington Country Ltd then purchased full rights to the intellectual property and some assets of the old business and has carried on trading throughout the UK.
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