Lomond has expanded its operations in Bristol by acquiring the independent letting agency, The Letting Game. This acquisition adds around 800 managed properties to Lomond's portfolio, strengthening its position in Bristol and the wider South West.
The Letting Game, established more than 17 years ago by chairman Jack Head, has primarily grown through referrals and repeat customers within Bristol's residential lettings and property management sector. The company is preparing to open a flagship office in Redland.
Neil McGimpsey, chief revenue officer at Lomond, stated that The Letting Game's strong local foundations and customer-focused ethos align with Lomond's values. Jack Head, chairman of The Letting Game, noted that Lomond shares their ambitions for future growth.
This deal is part of Lomond's ongoing strategy to increase its managed property portfolio and expand its regional agency network across the UK. The financial terms of the acquisition have not been disclosed.