BOURNEMOUTH-based property franchise Martin & Co has announced a record year.

In a trading update for 2013, MartinCo plc said its franchise network’s total fee income had risen by 10.6 per cent over 2012.

Each month had set a new record over the corresponding months in the previous year, the firm said. Trading in the final quarter was particularly strong, with total fee income rising by 11.2 per cent on a like-for-like basis from 2012.

The company was floated on the Stock Exchange in December.

Its board believes it is well placed to make “selective acquisitions”.

Chief executive Ian Wilson said: “The combination of a record final quarter and a successful IPO concludes a satisfying year at Martin & Co.

“The group is confident in its ability to deliver its targets for 2014, encouraged by improving market sentiment within UK residential property, and the increased lending to