Lomond is set to break into the big city
The leading letting and sales agents company has secured a ground-breaking new deal which places it in a firm foothold within London.
Recently, Lomond has celebrated its 60th acquisition In just four short years. However, not that this isn’t impressive, but it’s 61st deal is arguably greater as it is the company’s first contract in London, carving out a new regional territory in process.
Ed Phillips, CEO of Lomond
The organisation have previously remained prominent in the North West, Yorkshire, the Midlands, Scotland and the South Coast.
Lomond has secured London lettings, management and sales agent, Chase Evans. The company has had over 25 years’ operating within London’s letting market, boasting numerous branches across key territories including Canary Wharf, Elephant and Castle, the City of London, Docklands and Greenwich.
‘London is globally regarded as one of the strongest property markets there is and whilst we’ve refrained until now, the creation of a Lomond London region has always been part of our strategic expansion plans,’ Ed Phillips, CEO of Lomond, said. ‘We’ve been careful not to jump the gun in this respect and have waited until the right opportunity arose and we certainly believe this to be the case with Chase Evans which is an extremely high quality lettings business.’
Phillips added: ‘Not only does our acquisition of Chase Evans give us an immediate foothold into some very important markets, but we also stand to inherit a great deal of knowledge and experience which we believe will be vital as we look to expand further across the capital.’
In addition, director of Chase Evans, Adam Holden, has expressed his enthusiasm about joining forces with Lomond.
He said: ‘We’re very excited about working with the senior team at Lomond, particularly Ed Phillips, John Ennis and Lucy Jones given the experience they have within the London market.
‘The wider Lomond organisation will also provide us with the support and resources we need to really take the Chase Evans business to the next level and can’t wait to see where the brand can now go from here.’
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