Lomond has announced the completion of four acquisitions following its recent merger with Linley & Simpson.
Two of the businesses joining the Lomond group, Pad Residential and Allison & Co, are based in Manchester and the remaining two are Halls Estate Agents in Brighton and Craigflower Lettings in Edinburgh. In total, a further 700 properties under management have been added to the Lomond portfolio.
With market leading letting and estate agencies already operating across all three cities, each of the acquired businesses will be integrated into existing Lomond brands, namely Thornley Groves in Manchester, Brand Vaughan in Brighton and Braemore in Edinburgh.
Stuart Pender, group CEO of Lomond, said: “We are delighted to be able to announce a number of deals following our recent merger with Linley & Simpson.
“These deals very much signal our intention to continue to consolidate regional markets through our network of market leading regional agents and is a continuation of our approach to building our business while retaining our successful local approach. We are looking for new opportunities to work with good quality lettings and estate agencies across all of our regions.”
The news comes after Lomond merged with leading Yorkshire residential lettings firm Linley & Simpson earlier this month.
Linley & Simpson added more than 600 homes to its portfolio only last month with the purchase of the residential lettings and management division of Dacre, Son & Hartley.
Lomond now manages more than 23,000 residential properties and employs more than 580 members of staff, through a network of market leading regional businesses in Aberdeen, Birmingham, Edinburgh, St Andrews, Manchester, Brighton, Leeds, York, Hull and Sheffield.
23,000 moaning tenants.. ahhh
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Well done, the market needs good agents.
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