More acquisitions in 2024 says fast-growing agency group

More acquisitions in 2024 says fast-growing agency group


Todays other news


Lomond has announced one more acquisition in the North West of England – the 17th it has completed in the region in less than three years.

A year after buying Matthews of Chester, the group has now snapped up Denton Clark, another long-standing property business in Cheshire’s county town. The deal has seen Denton Clark’s entire letting portfolio transfer to Matthews of Chester’s neighbouring office.

Jennifer Morris, who headed the property management team at Denton Clark, has also joined the Matthews of Chester team.

Lomond’s major brands in the North West include Thornley Groves, Julian Wadden, and Matthews of Chester, and its regional chief executive Jason Watkin says:“Both Matthews of Chester and Denton Clark have been matching people with property across Chester and its surrounding villages for more than 100 years between them, and share a strong local heritage.

“We are thrilled to grow our footprint in this vibrant Cathedral city, where our portfolio now extends to nearly 800 properties.  With a thriving rental and sales market, it is one of a number of areas where we will be targeting more acquisition activity in 2024. Matthews of Chester has a first-class team of people, and we all look forward to helping more landlords and tenants along their property lettings journey thanks to the relevant, locally-tailored, expert advice that hallmarks the approach of all Lomond’s brands.”

Lomond’s chief executive – Ed Phillips – adds: “The past 12 months have been another year of expansion throughout England and Scotland for the group, and we are delighted to end 2023 as we started it – on a high note. The North West of England has been one of the heartlands at the forefront of our growth journey, with a portfolio that has tripled in size since Lomond launched less than three years ago.

“As we look to inject further pace and scale into our acquisition ambitions for 2024, our team in the North West continues to actively explore more opportunities for us to consolidate our presence in key locations – Chester being a prime example.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Lomond has acquired one of the North West's longest-standing lettings...
Both agencies are within The Property Franchise Group...
The move bolsters the group's presence in key regions of...
An independent lettings agency has been acquired and rebranded...
The Welsh Government is backing the call for a 'compensation'...
There will be a greater emphasis on digitisation....
A consultation document is being released today....
Recommended for you
Latest Features
Andrews Property Group is under charitable ownership...
New tenancies in England and Wales are at their lowest...
The Scottish system would differ from the UK system in...
Sponsored Content
Tenants want a place they can call home—somewhere comfortable, safe,...
Letting agencies face the dual challenge of keeping both landlords...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here