Lomond has now acquired its 65th agency, the Leeds-based Sugarhouse Properties lettings and property management company.

Sugarhouse was founded in 2011 by Charles Aston and Richard Napier. Lomond describes the firm as one of the largest independent student lettings agents in Leeds.

It currently manages 372 properties, including HMOs within the Leeds area.

Lomond chief executive Ed Phillips says: “Sugarhouse Properties is an outstanding company and one that has formed a formidable reputation within the student lettings space over the last 13 years. 

“The company’s culture is centred around delivering high quality accommodation, with management and customer service to match, so it was clear from the start that both Lomond and Sugarhouse shared a great deal of synergy and that combining forces would be beneficial for all involved. 

“What’s more, they’ve gone against the grain with respect to traditional marketing methods, utilising online channels that resonate with their target audience and with the help of Lomond’s marketing assets, we look forward to helping supercharge these efforts.”

Sugarhouse’s Richard Napier adds: “We’ve put a great deal of blood, sweat and tears into Sugarhouse Properties and we’re immensely proud of the outstanding business we’ve built and the reputation we’ve developed across the student lettings sector.

“However, we believe that now is the right time to allow the business to evolve and with the help of Lomond, we’re extremely excited about what the future holds.” 

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