The relentless acquisition programme of the private equity-funded Lomond Group continues apace with another acquisition announced today - the second this...
Archive
10 July 2024
From: Breaking News
![Agency to use Private Equity cash to acquire rivals](/upload/images/Shutterstock-only%20images/Property%20Market/Franchise-400x310.png)
My Property Box – a North East-headquartered lettings and sales agency – has struck a multi-million pound private equity deal for it...
05 July 2024
From: Breaking News
![Lomond snaps up 2,000-unit lettings book](/upload/images/shutterstock_2456603509(1).jpg)
The major Scottish agency in the Lomond Group empire - DJ Alexander - has snapped up Sandstone Management and its lettings...
03 July 2024
From: Breaking News
![Lomond continues aggressive growth strategy with new acquisition](/upload/images/shutterstock_2148206195.jpg)
Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...
18 June 2024
From: Breaking News
![Independent agency snapped up by private equity-funded firm](/upload/images/Shutterstock-only%20images/PropTech/PropTech2-400x310.png)
Lomond’s John Shepherd brand has acquired a small Birmingham lettings agency, Xact Lettings. No figure is given for the number of lettings...
11 June 2024
From: Breaking News
![For Sale! Agency with 42,500 units under management](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews2-400x310.png)
It's reported that the Lomond estate agency group, which is heavily backed by private equity and which has expanded through serial...
07 May 2024
From: Breaking News
![Two more lettings book acquisitions for fast-growing Lomond](/upload/images/Shutterstock-only%20images/Property%20Market/Acquisition-2-400x310.png)
The fast-growing Lomond Group has announced two lettings book acquisitions in the central belt of Scotland. Lomond, which has made nearly 50...
22 November 2023
From: Breaking News
![Private rental sector still a big money-earner for tax authorities](/upload/images/Shutterstock-only%20images/Rental%20Market/Tax-400x310.png)
Investors and second home buyers contributed over a quarter of all property taxes in the last year according to a property...
02 June 2023
From: Breaking News
![Agency uncovers big fall in property taxes](/upload/images/Shutterstock-only%20images/Rental%20Market/Tax-Image-400x310.png)
Revenue from property taxes in Scotland has dropped significantly so far this year, according to a prominent lettings agency. DJ Alexander Ltd...
12 April 2023
From: Breaking News
![Rent Controls Backfire - rents have actually RISEN instead...](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
Scottish rents in the private sector rose at a faster rate than the rest of Britain according to analysis by DJ...
31 March 2023
From: Breaking News
![New Scottish leader is bad news for rental sector, warns agent](/upload/images/Scottish%20parlament%20house%20shutterstock_293979215.jpg)
New Scottish First Minister Humza Yousaf is bad news for the private rental sector, a prominent lettings agent warns. David Alexander -...
28 March 2023
From: Breaking News
![Possession numbers soar ahead of rent cap and eviction ban](/upload/images/Shutterstock-only%20images/Rental%20Market/Eviction-400x310%20(1).png)
Numbers of possessions have soared in Scotland since the introduction of a rent cap and eviction ban according to DJ Alexander,...
17 March 2023
From: Breaking News
![Political wannabes wrong to blame holiday lets, claims top agent](/upload/images/shutterstock_1251325300.jpg)
A prominent lettings agent has criticised leading candidates for the leadership of the Scottish National Party for anti-holiday let policies. David Alexander,...
03 March 2023
From: Breaking News
![Rebrand and new name for fast-growing lettings agency](/upload/images/Lomond(1).png)
Lomond, which in the past two years has made 40 acquisitions of mostly small independent agencies, has marked its second anniversary...
16 February 2023
From: Breaking News
![Don't Demonise Private Rentals - agent attacks government's woeful record](/upload/images/Shutterstock-only%20images/Property%20Market/Propertycalculator-400x310.png)
A prominent lettings agent has resumed his attack on politicians for failing to build sufficient numbers of social housing properties -...
04 January 2023
From: Breaking News
![Buy To Let Tax Surcharge - agent puts politician on the spot](/upload/images/Shutterstock-only%20images/Property%20Market/TaxMan-400x310.png)
One of the politicians backing a tax surcharge on the purchase of second homes and buy to lets has been put...
30 December 2022
From: Breaking News
07 December 2022
From: Breaking News
![Here's how Atomic Consultancy can help buy or sell a lettings or estate agency business](/upload/images/adv-2021/sponsored-content/Atomic%20Consultancy/LucyNoonan_360x280.png)
Lucy Noonan, founder of Atomic Consultancy, reviews how partnering with Atomic can help property and lettings companies buy or sell their...
01 December 2022
From: Sponsored Content
![Tax Grabs - might Tories lose support because of CGT penalties?](/upload/images/Shutterstock-only%20images/Property%20Market/TaxCoins-400x310.png)
A second agency chief has warned the Conservatives of the possible electoral consequences of higher taxes aimed at the private rental...
21 November 2022
From: Breaking News
![Rent Controls Fail Worldwide - agent lists disastrous consequences](/upload/images/Shutterstock-only%20images/Rental%20Market/Rent_Freeze1-400x310.png)
A lettings agency chief has listed how rent controls have failed across the world. Writing in The Scotsman, David Alexander - chief...
14 November 2022
From: Breaking News
![Two more independents acquired by Lomond Group brand](/upload/images/Shutterstock-only%20images/Property%20Market/Acquisition-2-400x310.png)
The Lomond Group has strengthened its position in Scotland by acquiring two more independent agencies and adding some 600 properties to...
11 November 2022
From: Breaking News
![Enough Is Enough - should next interest rate rises be delayed?](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageRates1_400x310.png)
A senior lettings industry figure says the Bank of England should delay future base rate rises to allow the housing market...
04 November 2022
From: Breaking News
![Lomond Group eats up another independent family agency](/upload/images/Shutterstock-only%20images/Property%20Market/Acquisition-400x310.png)
The Lomond Group has further extended its footprint in North West England for its latest agency acquisition deal. Through its Thornley Groves...
17 October 2022
From: Breaking News
![On and On! Yet another acquisition by Lomond Group](/upload/images/Shutterstock-only%20images/Rental%20Market/RightToRent1-400x310.png)
The relentless expansion of Lomond Group continues apace with the acquisition of a Leeds-based independent, ERE Lettings. ERE’s 600 units under management...
13 October 2022
From: Breaking News
![Another independent agency’s lettings book bought by chain giants](/upload/images/Miscellaneous/MergerAcquisition-1-400x310.jpg)
The acquisition machine that is the Lomond Group has snapped up the lettings book of another independent agency. Lomond has taken over...
22 September 2022
From: Breaking News
![Outspoken agency boss renews attack on politicians](/upload/images/Property%20People/DJ%20Alexander%20Ltd_400x310.png)
A high profile agent has renewed his attack on politicians. David Alexander - who heads up DJ Alexander, part of the Lomond...
14 September 2022
From: Breaking News
![Rent freeze “chaos” as politician cannot give details - claim](/upload/images/Housing%20Market%20%26%20Property%20Images/360x280_Return_on_Time.png)
* Angels Media and Letting Agent Today are deeply saddened by the passing of HM Queen Elizabeth II * - The controversial rent...
09 September 2022
From: Breaking News
![Agent lashes out at “cheap political points” by rent freeze fanatics](/upload/images/Shutterstock-only%20images/Rental%20Market/Rent_Freeze2-400x310.png)
A prominent lettings agency chief executive has lashed out at the “cheap political points” being scored by politicians in Scotland who...
07 September 2022
From: Breaking News
![Another indie agency snapped up by group with private equity cash](/upload/images/library/PropertyPuzzle-400x310.jpg)
The Lomond Group has made another acquisition of an independent lettings firm, this time in the Midlands. Its John Shepherd brand has...
31 August 2022
From: Breaking News
![Buyer of online lettings agency shifts customers to High Street branches](/upload/images/Locations/London.jpg)
The fast-growing Lomond Group of agencies has acquired a major online lettings service. But it's going to manage the properties through physical...
10 August 2022
From: Breaking News
![Agent slams ‘pie in the sky’ idea for private tenant Right To Buy](/upload/images/Housing%20Market%20%26%20Property%20Images/HomeInHands-400x310.jpg)
A recent suggestion by the Joseph Rowntree Foundation charity, for government help to allow private tenants to buy their landlords’ homes,...
08 August 2022
From: Breaking News
![Building Society slammed for mortgage ban on second homes](/upload/images/Housing%20Market%20%26%20Property%20Images/MortgageDeclined-400x310.png)
A building society which has taken the unprecedented step of stopping lending on second homes has been sharply criticised by a...
02 August 2022
From: Breaking News
![OnTheMarket drive to get letting agents to pay full fees for tech](/upload/images/Logos/OnTheMarketLogo-New-2022-400x310.jpg)
OnTheMarket is overtly using its teclet lettings PropTech as a means of enticing agents on old discounted rates to pay full...
01 August 2022
From: Breaking News
![Lomond Group agency snaps up independent’s lettings book](/upload/images/Housing%20Market%20%26%20Property%20Images/PropertyTransaction-400x310.jpg)
A prominent brand in the Lomond Group - Linley & Simpson - has expanded its portfolio by over 600 properties in...
27 July 2022
From: Breaking News
![Lettings chief slams latest Boris Johnson off-the-cuff housing idea](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/BorisJohnson-4-400x310.jpg)
A prominent lettings Industry figure has slammed Boris Johnson’s latest housing market utterances, branding them “off the cuff” and likely to...
07 July 2022
From: Breaking News
![Another independent agency falls to fast-growing Lomond Group](/upload/images/Back-link-images/hand%20shake%202.jpg)
The fast-growing Lomond Group has consolidated its market dominance in Scotland by snapping up another independent. Lomond’s Stonehouse brand, which operates throughout Aberdeenshire,...
15 June 2022
From: Breaking News
![Yet another independent falls to Lomond Group ambitions](/upload/images/Logos/LinleySimpson-2019-Logo-400x310.jpg)
A leading brand in the fast-growing and heavily-funded Lomond Group has snapped up another independent agency. Linley & Simpson has added another...
27 May 2022
From: Breaking News
![Back Of The Net! Lettings agency in deal with top football club](/upload/images/Housing%20Market%20%26%20Property%20Images/SunsetImage-400x310.jpg)
Part of the fast-growing Lomond Group of lettings agencies has signed a new partnership deal with a major football club. Stonehouse in...
19 May 2022
From: Breaking News
![Giant lettings group signs major training deal with Propertymark](/upload/images/Housing%20Market%20%26%20Property%20Images/Property-MagnifyingGlass--1-400x310.jpg)
Many of the country’s leading letting agency brands have joined forces with Propertymark to deliver a training and development strategy for...
19 May 2022
From: Breaking News
![Agency chief’s cautious welcome for extended Right To Buy](/upload/images/Housing%20Market%20%26%20Property%20Images/MortgageDepositImage-400x310.jpg)
The head of a prominent brand in a fast-expanding lettings and sales agency group has given a cautious welcome to government...
04 May 2022
From: Breaking News
![Agency boss condemns political party for “punitive” attack on rental sector](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/HousesofParliament-3-400x310.jpg)
One of the UK’s largest lettings groups has made an outspoken attack on the policies of a political party standing in...
27 April 2022
From: Breaking News
![How big will this agency group become? New acquisition revealed](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-400x310.png)
One of the brands at the centre of the new Lomond Group has snapped up a 640-home lettings portfolio - taking...
22 April 2022
From: Breaking News
![Agency triples in size after 11 acquisitions in little over a year](/upload/images/Miscellaneous/TeamSelection2-400x310-min.jpeg)
An agency has made its 11th acquisition in just over a year. Thornley Groves - a brand in the Lomond Group -...
07 April 2022
From: Breaking News
![Snapped Up! More independents acquired by ambitious agency group](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-400x310.png)
The Lomond Group - which has ambitions to become a national operation - has announced two further acquisitions for one of...
22 February 2022
From: Breaking News
![Ideological attack on rental sector underway, warns leading agent](/upload/images/Locations/ScotlandFlag400x310.png)
A prominent lettings agency chief says a consultation looking at changes to private renting proposed by the Scottish Government is merely...
18 February 2022
From: Breaking News
![Lomond Group snaps up ANOTHER lettings division](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingMarket-400x310.png)
The fast-growing Lomond Group, backed by private equity cash, has snapped up another independent. Lomond’s John Shepherd brand, which operates throughout the...
02 February 2022
From: Breaking News
![Short let units should switch to mainstream rentals, says agent](/upload/images/Logos/airbnb-logo400x310.png)
A prominent agent says the shortage of rental property is now so acute, and like to get still worse, that those...
24 January 2022
From: Breaking News
![Returning EU citizens will boost lettings market - agency chief’s view](/upload/images/Brexit/BrexitHandsImage-400x310.jpg)
EU citizens with settled status in the UK, but who have stayed in their native countries during the pandemic, are likely...
17 January 2022
From: Breaking News
![Don't use social media to find rental properties - warning to tenants](/upload/images/Miscellaneous/scam%20alert.png)
A leading lettings agent has warned tenants against using social media to find rental properties. David Alexander - head of DJ Alexander,...
06 January 2022
From: Breaking News
![Stop Sniping At Private Renting! Agency chief tells politicians to stop](/upload/images/Locations/ScotlandFlag400x310.png)
The coming year should be about promoting harmony in the lettings market says the head of an agency that’s now part of a...
04 January 2022
From: Breaking News
![Investors may quit buy to let, leading agency chief warns](/upload/images/library/Investment-Image-1-400x310.jpg)
The lettings agency boss at the centre of a major industry takeover has fired a warning shot about rent controls and...
22 December 2021
From: Breaking News
![Acquisition means agency is now largest lettings operator in country](/upload/images/library/HandshakeSuit-400x310.jpg)
The Lomond Group, already reported to be in talks to buy London agency Chestertons, has revealed it’s snapped up another leading...
21 December 2021
From: Breaking News
![Historic lettings agency may be under new ownership soon](/upload/images/library/Chestertons-logo400x310.png)
One of the country’s oldest agencies may be under new ownership soon. The fast-expanding Lomond Group - which just last week announced...
20 December 2021
From: Breaking News
![Two more independents snapped up by growing agency group](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingHelp-400x310.jpg)
Linley & Simpson, a joint founder of the Lomond Group, has acquired two more independent agencies. The firms snapped up are family-run...
17 December 2021
From: Breaking News
![Two more independent agencies fall to fast-growing brand](/upload/images/Rental%20Market/landlord-licencing400x310.png)
An agency that is part of the fast-growing Lomond Group has itself acquired another two independent agencies. Thornley Groves, is expanding its...
07 December 2021
From: Breaking News
![Lomond Group reveals next move in bid to become national lettings agency](/upload/images/Rental%20Market/landlord-licencing400x310.png)
A brand within the fast-expanding Lomond Group has sealed its second acquisition within a fortnight, adding a further 200 properties to...
04 November 2021
From: Breaking News
![Lettings giant snaps up another independent agency](/upload/images/library/MergersAcquisitions-400x310.jpg)
Another independent lettings agency has been acquired by a fast-expanding giant with plans to become a prominent national agency network. Lomond Group’s John...
26 October 2021
From: Breaking News
![Multi-brand agency group signs up with PropTech company](/upload/images/PropTech%20%26%20Online/OnlineProperty-8-400x310.jpg)
Lomond Group has partnered with PropTech player Goodlord to provide IT services across the group's brands, which include Braemore, Stonehouse, Linley...
24 August 2021
From: Breaking News
![Agency makes two acquisitions to mark 30th anniversary](/img/default/lat.png)
An agency has marked its 30th anniversary by sealing a brace of acquisitions. The deals see Thornley Groves, the Lomond Group agency...
27 July 2021
From: Breaking News
![Fast-growing agency group reveals ‘transformational’ merger](/img/default/lat.png)
Two major south of England agency have merged in what they describe as a “transformational deal.” Brand Vaughan, part of the expanding...
08 July 2021
From: Breaking News
![Fast-growing national chain snaps up three independent agencies](/img/default/lat.png)
The highest profile agency in the big-spending Lomond Group has sealed a trio of deals in the first week of April...
07 May 2021
From: Breaking News
![New national agency acquires 10 independents agencies in three months](/img/default/lat.png)
Linley & Simpson and Lomond Capital - which joined forces at the end of 2020 to create a new national agency...
19 April 2021
From: Breaking News
![Another acquisition adds to fast-growing agency chain’s portfolio](/img/default/lat.png)
The lettings book of one of the UK’s oldest property and law companies has been snapped up by a firm in the...
25 March 2021
From: Breaking News
![Agency giant buys rental portfolio for prime south of England location](/img/default/lat.png)
A lettings agency in the growing Lomond Group has purchased a rental portfolio on the south coast. Brand Vaughan has bought the lettings...