Meet Richard Purseglove

Director of Purseglove Property

Richard ("Rich") Purseglove has been in the property field for over 12 years, specialising in HMOs and residential property investment. As the Director of Purseglove Property, he's all about making property work for both investors and tenants, and using sustainable investment strategies to help investors achieve long-term success.

An experience property investor and advisor

Rich's background

Rich’s background is a bit different – he originally studied Aviation Technology and Pilot Studies, going on to become a commercial pilot with NetJets Europe. However, after the recession and a subsequent redundancy, he decided to change direction and pursue a career in property.

Starting with over £100,000 of debt from his pilot training, Rich learned that you don’t need vast sums of money to get started in property. Rather than following a traditional route, he gained knowledge through hands-on experience, trial and error, and by working alongside industry experts.

Now, he’s built trust not by chasing industry awards but by earning respect from local authorities, who often recommend Purseglove Property as a gold standard for property management, and HMO management in particular. His story is proof that with determination and the right approach, you can change your path and create lasting success.

The biggest challenge so far

Scaling up Purseglove Property with out losing the human element hasn’t been easy.

  • In the early days, Rich and his wife, Gemma, did everything themselves – managing properties, dealing with investors, and supporting tenants.

  • As the business grew, they introduced tech and automation to handle the admin side of things. This gave them more time to focus on building relationships and providing a great service.

"One of the most satisfying moments in my career was helping an investor save a deal that nearly collapsed due to a downvaluation. With some creative thinking, we restructured the purchase, saving him thousands and securing a solid long-term investment."

Richard Purseglove

Cutting through the noise

Rich isn’t a fan of so-called ‘property gurus’ who sell a dream but leave out the reality. Instead, he focuses on practical, sustainable strategies that actually work.

"Property is as much about understanding people as it is about knowing the numbers. The best strategies aren’t found in overpriced seminars – they come from real-world experience."

Richard Purseglove

Making a difference in the community

Rich’s knowledge and experience have led to opportunities beyond his business and into the wider community. Here’s what he’s been up to:

Read more about Rich's work.
  • Speaking at the East Midlands Combined County Authority (EMCCA) task force event.

  • Working with YMCA and Framework Housing Association to create sustainable, investment-backed affordable housing.

  • Advising Claire Ward, Mayor of the East Midlands, and housing leaders on ways to tackle hidden homelessness.

  • Reinforcing his belief that property, when done right, can have a truly positive impact on communities.

"Property isn’t just about profit – it’s about making a difference"

Richard Purseglove

What keeps Rich motivated?

Rich’s knowledge and experience have led to opportunities beyond his business and into the wider community. Here’s what he’s been up to:

  • Helping investors secure their financial future.

  • Providing well-managed, safe homes for tenants.

  • Bringing aviation discipline – structure, planning, and strategic thinking – into property investment.

  • Mentoring other business owners and helping them navigate challenges to achieve success.

Outside of business hours

Building a successful property business has given Rich the freedom to focus on what he loves. Here’s how he spends his free time:

  • Teaching others to fly as a qualified Flight Instructor.

  • Cooking as a creative outlet (and enjoying the results).

  • Playing the piano – it’s all about patience and practice!

Want to work with Richard Pursglove?

Rich helps busy professionals and investors build profitable property portfolios with sustainable investment strategies that actually work.

Partner with Purseglove Property today to get practical advice from someone with a proven track record built on trust and experience!

Get in touch

“Not only was Rich clearly a HMO specialist with unparalleled knowledge on anything and everything to do with HMOs and the area, but he was very patient and generous with his time (I had a lot of questions). It also struck me that Rich had undertaken a similar property course to us, learned about HMOs and the huge market in and around Mansfield for them, and was an investor himself… We trust Rich and his team to look after our and our tenants’ interests, as they would their own, and we haven’t been disappointed. The tenants are happy and we got the rent rates Purseglove told us we would get at the outset (in some cases, more)... All thanks to the help and guidance of Rich and his team.”

James Sterling, Private Investor

“From the get-go, Rich and his team were more than just a letting agent; they became my ‘trusted partner’... What sets Purseglove Property apart is their commitment to ‘doing the right thing.’ Throughout the entire process, their experience and local area knowledge were invaluable. But most importantly, they built a relationship of trust and integrity with me, giving me the confidence to make informed decisions at every turn.”

Natalie Hastings, Private Investor

“I have worked with Purseglove for over five years. They have been a trusted partner. Rich and his staff have always been responsive to my requests, especially for someone who lives overseas. This is the most important element in my mind. Furthermore, once you built up a trusted relationship with him, you can trust him with other investment advice as well. Like any other investors, I do care about the cost involved. Purseglove is not free, but they are reasonable. You do get your money's worth.”

Don Tang, Private Investor

“Purseglove have been excellent from the start. They project managed the refurb of our property as we live three hours away, including ensuring everything is up to regulations, right through to filling the property with good quality tenants.”

Richard Kerslake, Private Investor

“We completed on our first property to let last week and Purseglove have found us a tenant to move in tomorrow already. They've helped with the last minute bits and assisted with everything we need for a smooth transition. Can't recommend them enough and a big thank you to all the team.”

Lisa Shaw, CL Shaw Holdings Ltd

“These guys have been brilliant! I’m a landlord with a few properties in Mansfield that they look after for me. HMO rooms are very competitive in the area but they’ve always filled them easily for me which results in far fewer voids than I’d expect from this market… The tenants seem very happy with the management as they are quick to respond and deal efficiently with any issues. I don’t write many reviews but they really deserve it. Thank you!”

Craig Williams, Private Investor

“I met with Rich on a Wednesday morning, by a week Monday (12 days) he had organised, project managed and completed an almost complete refurbishment of the property and had tenants moving in. Throughout the process he kept us informed with what was going on and let us make any decisions that needed to be made but with his guidance… The property was totally transformed and unrecognisable within a week and the work carried out to high standards. I would highly recommend anyone in the Mansfield area looking to rent a property out to give them a call, you will not be disappointed!”

Daniel Curtain, Private Investor