Lomond Quarterly Insight
Lomond Quarterly Insight
Content
Introduction
Ed Phillips, Group Chief Executive
National sales
Poised for growth
Price growth potential | Activity returns | Momentum building
National lettings
High rental growth rates have boosted yields for landlords
Rental growth slowing | Affordability central role | Boost to yields
Scotland
Price outperformance
Performance | Investment on pause | Sales strengthening
Yorkshire
Outperforming cities for rental growth
Strong family demand | Shifting patterns of student demand
North West
Scale of market
High yields | Scale of opportunity | Broad based sales activity
Midlands
Return of positive price growth
Scale | Students a core part of rental demand
South Coast East
Sales momentum building
Market activity | Emphasis on new build | Rent still growing
South Coast Central
Leading brands: give Lomond leading edge
Charters | Market conditions
London
London foothold gives Lomond global investor access
Chase Evans | Strategic London acquisition
Lomond Investment Management
Cities with strong demographics
Local nuances important | Demographics and rents | Growing BTR sector
15
acquisitions throughout 2024
With three new regions added including London, Kent and South Coast Central
Lomond
Lomond: a strong growth story
Growth stories in alignment
Over the last 12 months Lomond has been through an extraordinary period, focused on economically strong, dense urban areas which we think present the best strategic opportunities. Over the course of 2024, we completed 15 new acquisitions, adding strength to our existing regions, building our Student Lettings portfolio and entering into three new private rental hotspots. Breaking into the London market with the addition of new brand Chase Evans, plus the announcement of Kinleigh Folkard & Hayward offers significant potential for future growth. Expansion into Kent with Miles & Barr and also establishing a new region we’ve labelled South Coast Central with the addition of the Charters brand, supports this London centric journey as we’re now able to refer movers and investors to the surrounding counties and south coast.
Over the course of 2024 we’ve seen the housing market stabilise with the outlook for 2025 and beyond improving significantly. All the while Lomond has continued to invest in technologies to help drive further efficiencies and deliver a better customer experience to support customer retention and business growth.
60,967 properties under management
43% increase over last 12 months
Lomond
There have been structural changes happening to the market over the last 3 years too. There has been the maturing of the UK Build-to-Rent sector (purpose built professional rental sector, constructed and managed at scale) with schemes now across many of the UK’s towns and cities and no longer exclusive to London and the UK’s so called second cities. Furthermore, Labour have promised a growth agenda and delivery of more housing stock. We are excited to see how that unfolds and Lomond is well placed to help clients in the new build section of the market, alongside all aspects of the private rental sector. The introduction of the Renters’ Rights Bill in 2025 will also present significant opportunity for Lomond to provide value and support to landlords.
With the housing market now in a much better position than it was a year ago, we are excited about what our wider reach can offer our clients.
Ed Phillips Group Chief Executive
“Lomond has been on an extraordinary journey over the course of 2024; now as the housing market picks up, we are poised to capitalise on this, helping even more clients reach their property goals.”
19.5%
Forecast house price growth over next 5 years
Equivalent to 3.6% p.a.
Market poised for price growth as affordability improves off the back of interest rate cuts.
Poised for growth
Significant improvement in mortgage rates
With significantly lower mortgage rates, market activity has increased with mortgage approvals and sales volumes now in line with long-term market norms after a much slower 2023.
Activity returns to norm
Market activity has picked up, Q3 2024 saw 332,200 sales agreed across the UK, 23% higher than Q3 2023 and 7% ahead of Q3 2019 (a stronger comparison year). All regions saw an annual increase in sales, with the East of England and East Midlands leading with 28% rises.
Mortgage approvals, a key leading indicator for future transaction levels, reached 66,000 in December 2024, aligning with pre-pandemic averages. The anticipated continued lift in approvals, as mortgages further adjust to the latest Bank of England decision, will feed into higher transaction volumes with time.
Momentum building
Price growth potential
The housing market is very different to a year ago, primarily driven by improved interest rates enhancing affordability and positioning the market for renewed price growth. While there has been significant improvement in mortgage rates, they won’t return to the extreme lows enjoyed through much of the 2010s.
While modest price growth is expected, affordability remains a key consideration for buyers.
At the tail end of 2024, pre-Budget uncertainty, linked to concerns of tax rises and spending cuts, impacted consumer confidence. More certainty in 2025, is likely to further support market activity.
*Source: Nationwide
House prices stabilised earlier in the year and have gained momentum, with annual growth reaching 4.3%. With earlier uncertainties, the usual seasonal pattern of price growth has been pushed back this year, shifting from springsummer and into autumn. Forecasts suggest housing prices will rise by a further 3.4% in 2025, with total growth of 19.5% projected over five years to 2028 (3.6% per annum).
7,136
2,413
Average gross yields outside London
Increased from 5.6% two years ago
Rental growth rates are easing from prior highs, but forecasts still anticipate an average 3.9% p.a. increase in rents over the 5 years to end 2028.
PriceHubble, Consensus across agents
High rental growth rates have boosted yields for landlords
Supply and demand dynamics
The supply and demand imbalance in the rental market is easing but not extinguished. Measuring the net balance between tenant demand and landlord new instructions shows this easing trend. The higher the score the more demand outweighs supply; current levels are lower than the significant imbalance in 2022 and 2023.
Pace of rental growth slowing
The rental market has been through an extraordinary few years, the recovery from the Covid-19 pandemic boosted demand at a time when rental supply was also falling. Rents have grown by an average of 38% across the UK’s 60 largest towns and cities over the last 5 years, but rental growth patterns are now slowing as the supply-demand balance eases.
One of the key indicators that gives insight on the supply and demand imbalance is the net difference between tenant demand and landlord instructions; the period 2022 to early 2024 is a clear stand out in terms of demand outweighing supply. This measure verifies what other indicators suggest, that conditions have eased a little in 2024.
Renters now benefit from greater choice and reduced competition, easing the moving process. It doesn’t mean the end to rental growth with expectations that rents will continue to grow modestly across the UK over the next few years (+3.9% per annum 2024-2028).
Affordability plays a central role
Over the longer term, rents tend to grow in line with earnings. Therefore, this recent period in which rents have outstripped earnings growth (despite earnings growing strongly) has worsened affordability. In this environment, renters make different choices: move to cheaper areas, share with more people or live in the family home for longer. According to the latest data, renters across the UK were paying an average of 29.4% of their gross household earnings on rent.
Rental growth has boosted yields
For landlords, despite incurring rising costs from mortgage rates through 2022 and 2023, high rental growth rates have boosted yields significantly, helping offset rising costs and increased legislative burdens too. Rental yields outside London have increased to 6.4%, from 5.6% two years ago, making this an attractive sector for investors.
Dataloft by PriceHubble, RICS, showing net balance of tenant demand versus landlord new instructions
Dataloft Rental Market Analytics by PriceHubble
Period of significant demand and supply imbalance
Rental growth dynamics
Lomond, HomeLet
Lomond, Dataloft by PriceHubble, ONS, HomeLet, BPF
Lettings instructions Q4
2,204 Q4 2023 2,181 Viewings Conducted Q4 2024 1,154 Q4 2023 3,332 Supply/demand balance
Applicants registered Q4 2024
23,741 Q4 2023 31,906
Applicants per new instruction Q4 2024 10 Q4 2023 14
Tenancies Agreed Q4 2024 4,553 Q4 2023 4,819
Scotland
Operating the largest lettings agency in Scotland, our branch network covers the strategic locations of Edinburgh, Glasgow, St Andrews, Aberdeen & Dundee.
Kevin Fraser Managing Director
“Buyer demand in Scotland has been strong even when the interest rates were higher so it is likely that
64
921
52
14
332
6,518
1,136
19
12,967
Properties under management
Scotland
Price outperformance
Long term performance and insufficient supply
The lettings market remains incredibly busy with demand far outstripping supply, meaning there are often waiting lists for certain types of property and multiple potential renters. We expect this to continue for some time.
Uncertainty about the Scottish Government’s attitude to the private rented sector coupled with insufficient social housing is resulting in too many renters and a shortage of stock/ supply. As a consequence, investors who stay in the market are being amply rewarded with strong rental growth. Over the last 5 years rents have grown by 20% in Aberdeen, 36% in Edinburgh and 54% in Glasgow.
Students remain a strong driver of demand across Scottish cities, which has meant more student properties being developed to help meet the need. To illustrate the scale, both Edinburgh and Glasgow
In the lettings market, demand continues to vastly outweigh supply
5 year rental growth
Sales market strengthening
have over 52,000 students, with a further 15,000 in Dundee and 19,000 in Aberdeen.
Investment on pause
There is undoubted reticence among potential investors until the Scotland Housing Bill is processed. The Bill is unlikely to be implemented before 2027 and it has created considerable uncertainty in the market because of proposed policies, most notably rent caps. As a result, some of the large scale investors have shifted from developing mainstream rental (Buildto-Rent) to student accommodation which has fewer restrictions. One estimate calculated that £3.4bn of Build-to-Rent investment had been redirected - either put on hold, or transferred to invest in other locations in England.
Across the UK the sales market has been strengthening, and more so for markets where affordability is less stretched. Scotland has been buoyant with rising prices and sustained demand. Prices have risen 4.3%, making Scotland the third strongest region in the UK. The greatest increases have been in the central belt in and around Edinburgh and Glasgow. In particular, first-time buyers have bounced back into the market almost matching pre-pandemic levels.
4.3% price growth in Scotland over the last year
2022 2023 2024
Ranked 3rd highest region across Great Britain.
Dataloft by PriceHubble, Nationwide
Dataloft Rental Market Analytics by PriceHubble, 5 years based on flats only
Yorkshire
From Harrogate and York to Leeds and Sheffield, our branches span the breadth and depth of Yorkshire.
David Mear Managing Director
“Sellers have softened slightly in their approach to pricing, understanding in certain areas a more realistic pricing strategy helps ensure a successful sale.”
SALES
401
2,509
Agreed
374
6
382
7,046
1,191
18
15,614
Properties under management
North West
Outperforming cities for rental growth
Strong family demand in sales market
The sales market has strengthened throughout the year. A strong summer built into a strong autumn, which resulted in some modest price growth across our core markets. In Leeds prices are up 4.6% over the last year with strongest growth evident on semi-detached properties (up 5.1%). This pattern mimics the growth evident across Yorkshire and the Humber as a whole, up 4.4% overall and strongest for semi-detached at 5.2%. These results are aligned with where we’ve seen the strongest segment of demand across our markets for 3-bedroom family homes.
Rental growth in many parts of the country eased back in 2024. In comparison rents have continued to grow strongly this year in Leeds and
“With an upturn in mortgage buyers, we have seen our busiest months for some time.”
5 year rental growth rates % total growth
Shifting patterns of student demand
Sheffield in particular. In both these cities rents are up 16% over the last year adding to already strong rental growth rates over the last 5 years (over 40% for both these markets). Some of these strong rental growth rates are about material change in rental product on offer in the form of large-scale purpose Build-to-Rent developments. Leeds city centre still sees the majority of Build-to-Rent developments in this region and Lomond are actively working to supply tenants for these properties.
Strong rates of rental growth have resulted in significantly higher yields. Latest data shows that Sheffield, Leeds and Hull are now over 8% (gross).
As in many other university cities across the UK, students are a core part of private rental sector demand. Leeds is the 9th largest student population across the UK with 41,000, with Sheffield not far behind ranked 11th with 31,000 students. Demand patterns have shifted though; students have come to expect elevated amenities in the form of gyms or movie rooms in recent times. As a result, those properties in top condition being offered to students are the most popular. Larger, privately owned multiple sharer properties are less in demand as students seem to prefer to share in smaller groups.
£2.46bn
Dataloft Rental Market Analytics by PriceHubble, rental growth to end Q3 2024 and for flats
North West
Covering Manchester, Stockport and Chester, our local experts have an unrivalled depth of knowledge in key cities in this region.
Matthew Smith Managing Director
“In
the light of headwinds facing investors, we urge clients to formulate longterm investment strategies and look to the strength of investment yields and weight of rental demand.”
SALES
343
3,168
Agreed
417
9
242
7,024
Agreed
751
29
Properties under management
North West
Scale of market
High yields on the back of strong rental growth
There is no denying the headwinds facing investors with tax changes and extra legislative burdens weighing in: most recently the new stamp duty surcharge on additional homes announced in the October 2024 Budget. This is increasingly a market for the more sophisticated or professional investor with a long-term strategy.
Investors have certainly enjoyed high rates of rental growth over the last 5 years which have boosted yields to enticing levels and are a helpful offset to other headwinds. Five-year growth has now reached close to 50% in Manchester (+43%), with similar levels
Weight of rental demand: there are currently 87 applicants per property
for Stockport (+48%) and Chester (+35%). This means that yields in these three locations are now all above 7%.
Scale of opportunity
For Manchester as a whole, including the surrounding local authorities that make up the primary urban area, the population is over 2.6 million (equating to just over a million households). Of those, 220,000 households (or 21%) are in the private rental sector. This makes it the third largest rental market in the UK and explains why it has attracted significant institutional investment into large scale Build-toRent schemes. However, the scale of need and range of household budgets means there are opportunities at all levels. Manchester’s average gross yield of 7.3% highlights its appeal for long-term investors.
Manchester students are part of its economic core
The student population of Manchester is 54,000 making it the second largest student city outside of London.
A strong local economy with broadbased employment opportunities means that student retention post-graduation is high. Manchester has a high proportion of knowledge intensive businesses, with 17.2%, compared to the average of 11.5% across the 60 largest cities and towns in the UK.
Broad base to sales activity
The sales market has stabilised this year with buyers and sellers much more aligned on pricing and showing realism on both sides. Improvements in mortgage rates over the year has helped affordability. Across the whole North West, prices have grown 5% making it the best performing region over the last year.
Our newly-expanded region extends our reach from Birmingham to Nottingham Midlands
Richard Crathorne Managing Director
“Build-to-Rent developments have gained significant traction in Birmingham, offering modern, professionally managed rental homes often with amenities, diversifying and improving the living options available for renters.”
SALES
93
644
Agreed
60
7
294
3,138
634
10
7,695
Properties under management Midlands
Return of positive price growth
Second only to London in scale Birmingham, the UK’s second-largest city, offers dynamic growth opportunities for investors. The population of Birmingham is now approximately 2.6 million.
Price growth returning in pockets
The sales market in the Midlands has undergone a notable shift in recent months. The Bank of England’s decision to lower interest rates has provided a boost to buyer affordability, stimulating demand across various market segments. This positive momentum will take a little longer to show in official price growth data but it is evident in market sentiment. Prices in Birmingham are now just back into positive territory (up 0.5%) over the year and up 1% over the wider West Midlands area. Taking a longer-term view, over the last 10 years West Midlands and East Midlands are the top two performing regions across England and Wales (both growing by just under 50%).
Sellers are generally demonstrating a realistic approach to pricing, recognising the competitive market conditions. However, challenges in
securing mortgage approvals and potential for lengthy conveyancing processes may still hinder completion, as is the case across the country.
Students a core part of rental demand
The Birmingham lettings market has experienced steady demand, supported by a mix of factors. The influx of new students and graduates seeking accommodation, particularly during the recent seasonal peak, has contributed to a robust rental market. Across the city there are 43,000 students, the 6th largest city for student population across the UK.
Despite this usual surge in seasonal activity, the balance between demand and supply has improved and stabilised, with rental prices showing a moderating pace of growth. Over the last year rents have grown by 8.4%, still steep but considerably more moderate than the 14.1% growth in the previous year.
The rental market continues to evolve with Build-to-Rent schemes in Birmingham now providing professionally managed, modern rental options, catering to growing demand.
47.7%
10-year house price growth in the East Midlands
Second highest of all England & Wales regions
48.5%
10-year house price growth in the West Midlands
Highest of all England & Wales regions
Dataloft by PriceHubble
Birmingham Rental Growth
Dataloft Rental Market Analytics, Rental growth based on per sqft values for 1-2 bed flats. (calculated on a rolling 12 month period to February)
South Coast East
Reaching from Brighton to Worthing, our branches in the South Coast East region are market leaders for sales and lettings.
Paul Broomham Managing Director
“On a range of sales market indicators, we’ve seen improvement over the last few months: activity levels have increased, merger and acquisition activity too, plus more new properties coming to the market and an increase in sales agreed.”
SALES
301
1,469
361
4
LETTINGS
180
4,160
410
23
6,819
Properties under management
South Coast East
Sales momentum building
Market activity points to price growth next year
Whilst price growth in these markets has been flat at best over the last 12 months and some price softening continues, from a range of indicators it feels clear that there will be more impetus for price growth next year.
Buyers have faced several uncertainties this year: direction of interest rates, the economy and most recently, concerns over the Budget. With these now clearer and a welcome reduction in mortgage rates, buyer confidence is revitalised.
Pricing differentials can encourage buyers to look beyond Brighton for more affordable options - the average price of a semi in Worthing for instance, is £435,596 versus £524,580 in Brighton - yet many willingly pay the premium for everything that Brighton has to offer.
Poised for renewed price growth
Sales demand is much stronger: reflected in our higher applicants per branch
Growing emphasis on new build
In line with the Government’s house building ambitions, we reflected on how much has been delivered in these markets in recent years. Given its enduring popularity, Brighton sees ongoing development activity and in Worthing too, there is now a significant development pipeline. The strength of demand in these markets would support more delivery to come forward.
The institutional rental sector (Buildto-Rent) has begun to spread beyond London and key regional cities. Brighton has attracted this type of development with schemes like Hove Gardens, Hove Central and The Block House coming forward.
Rents: still growing but pace has moderated
In line with trends across the country, the pace of rental growth is slowing but the direction is still upwards. Over the last year, rents rose by 3% in Worthing and 6% in Brighton.
The outflow of renters looking for more affordable options close to Brighton has driven higher rental growth in Worthing over the last 5 years than Brighton (up 36% and 30% respectively).
Whilst the appetite of new Buy-to-Let investors might be dampened by recent tax changes (the Budget raised the stamp duty surcharge rate on second properties by 2%) there is no doubting the scale of the private rental market in Brighton and Worthing. There are close to 44,000 privately renting households in Brighton and 11,000 in Worthing. Brighton’s student population is over 20,000 adding to the depth of demand.
Rents have risen strongly over last 5 years
Average sale price, Dataloft by PriceHubble, Land Registry, data for Q3 2024, Local Authority area definitions
¹ Dataloft by PriceHubble, UK HPI January 2024, Brighton and Hove, Worthing
2 Dataloft by PriceHubble, Property Academy Renter Survey 2023
Dataloft by PriceHubble, cities defined as Primary Urban Areas and for flats
Worthing
South Coast Central
Stretching along the coast from Portsmouth to Southampton and up the M3 corridor all the way to Winchester and Farnham
Robert Mott Managing Director
“Charters currently has ten branches stretching the length of the M3 with strongholds in Southampton and Winchester managing a 2,800 strong lettings portfolio.”
Leading brands give Lomond the edge
Most recently we’ve added the Charters brand to our Lomond South Coast Central region. Charters and Beals together give us exceptional coverage across this part of the south coast and inland up the M3 corridor.
Regional market conditions
As across the country, investors will have seen their yield levels boosted by the recent strong pace of rental growth. In Southampton rents have grown 39% in the last 5 years. Yields in these markets are now 8.2% in Southampton. Winchester, which is one of the relatively more expensive markets in this corner of the UK, has seen yields increase to 6.5%.
This region is one of the sales markets that consistenly experiences a migration of London money as people move out of the capital into a commutable home, and as a result price growth has remained fairly conistent over the last few years. Overall, prices across the South East have grown 1.6% over the last year. Strongest growth has been for semi-detached properties growing at 2.8% as we’ve seen a strong theme of continued demand for family homes
17,600 total number of sales across the South East in the last 3 months
Land Registry
across the area. With the price of an average detached home across the region now £650,000, price growth has been slower to recover at this more expensive end of the property spectrum. Prices on these properties fell -0.1%.1
Total market sales value across South East
£7.7bn
Dataloft by PriceHubble & Land Registry
London
Establishing
a new London region gives us significant expansion potential, as well as access to global investors.
Adam Holden Managing Director
“With an international presence, Chase Evans provides the ideal platform on which Lomond can establish a conduit for overseas investment across the UK.”
London foothold gives Lomond global investor access
Strategic London acquisition London is globally regarded as one of the strongest, most secure and most stable property markets. Chase Evans is delighted to be part of Lomond’s growth story and helping them achieve one of their strategic goals to create a ‘Lomond London’ region.
Chase Evans has branches across key suburbs of central and east London, which have seen exciting changes over the last two decades and have been at the heart of London’s new housing delivery. Chase Evans also bring access to an international client base - with an established presence in Singapore, Hong Kong, Dubai and Kuala Lumpur, Lomond is now able to leverage the enduring appeal of both the London and UK wide property market to international investors.
The Build-to-Rent sector is now firmly established in London: as of the second quarter of 2024, there were over 50,000 completed Build-to-Rent (BtR) homes in London. This means in London completed Build-to-Rent stock
3,348 properties under management gives an instant London footprint to build upon
Chase Evans
is already 5% of the London rental market.
Over the last 5 years, rental growth across London has been exceptionally and unusually strong. Total growth over the last 5 years has been 36%. As a result yields are higher too: for instance in Canary Wharf the average gross yield on a flat has now reached 6.3%. With borrowing rates heading lower, this spread between yield and interest rates will look increasingly enticing.
Brent Stojanovic Managing Director
“The team has been growing at pace, recognising the scale of need for rental homes across the UK provided by the growing purpose built (BTR) sector”.
Lomond Investment Management
Local nuances are important
Latest rental data shows a moderating pace of growth across the UK from the prior highs evident over the last few years. Rents have increased by an average of 8%, down from 10% the year before. Looking beyond the headlines there is different performances across cities; London rental growth has slowed to 5% from 13% the year before. A few cities have seen even lower rental growth over the last year; the likes of Aberdeen and York, where rental growth has been less than 2%.
These cities have either seen strong growth earlier in the cycle and are now slowing – like London – or there are local factors that need to be understood (weaker jobs growth in Aberdeen for example). At the other end of the spectrum, there are a number of cities still seeing rental growth in excess of 15% per annum. Some of these markets like Preston, Sheffield and Leeds have seen material change with new Build-to-Rent product offering something new to the market and prompting a material change in rent levels.
Demographics and rents
Demographics are a key part of that: where the local population is growing (for instance cities with strong job markets will attract new residents), or where there is a high proportion of a younger demographic (more likely to be renters). Evaluating these factors gives a critical insight into key drivers of rental growth. Cities currently performing most strongly on these key demographic measures include Manchester and London.
Dataloft by PriceHubble
Cities with strong demographics
Lomond is well place to service growing BTR sector
Latest analysis from the British Property Federation (BPF) shows that the total number of purpose-built rental homes has reached more than 120,000, a 23% increase over the past 12 months.
Looking at the pipeline and including BTR homes under construction or in planning then there is an additional 153,700 forthcoming. Once this pipeline is complete, Build to Rent (BTR) will represent 5% of the overall private rental sector, starting to become a significant slice of the rental offering in the UK.
Lomond property services
Land and New Homes
Offering a full range of consultancy, sales and marketing services to landowners, developers and individual investors. Including research and viability reports, land consultancy and sourcing, through to turn-key marketing for land disposal, acquisitions and developments. For residential house builders and developers, our extensive database, bespoke marketing programmes and enviable track record going back over 25 years, have seen our Land and New Homes teams appoint sales agents on many prestigious development properties throughout the UK.
Conveyancing
Working with a trusted panel of solicitors and conveyancers in your area, we speed up the moving process by up to 4 weeks. Offering end-to-end digital onboarding, compliance, legal preparation, conveyancing and surveys.
Our online portal houses all important documents and provides complete visibility to all parties, tracking the progress of conveyancing in real time. A fully regulated service, providing clear, independent and professional advice.
Investment Management
Providing an account-managed single point of contact service for lettings, management, block and estates management and sales throughout the UK, irrespective of portfolio size and geographical location. We work with both Build-to-Rent and sinfgle-family housing clients as well as institutional and individual investors. Our bespoke, innovative solutions maximise return and mitigate risk for investors seeking a trusted partner to manage the specialist processes of marketing and managing all aspects of their property portfolios.
Lomond Mortgages
From online, digital services to in-branch brokers, we access the whole of the mortgage market with our specialist brokers. With expertise in mortgages for first time buyers, homemovers, and remortgages, as well as Buy-to-Let mortgages for the one off investor or career portfolio landlord, we provide fully independent advice and access to all major lenders.
Ed Phillips Group Chief Executive
Lucy Jones Chief Operating Officer
Ian Sutherland Chief Financial Officer
John Ennis Chief Revenue Officer
David Alexander Chief Revenue Officer
Clare Wakeford Chief People Officer
LAND AND NEW HOMES
CONVEYANCING
MORTGAGE SERVICES
Our Lomond network
The UK’s leading network of Sales & Lettings agents
Lomond is an established network of high quality regional sales and lettings agents across Scotland, Yorkshire, Manchester, Birmingham, Brighton, Exeter, the south coast and London.
With integrity, technology and innovation at our core, our brands are market leaders, with a competitive advantage over the strongest independents and the largest corporate and franchise agencies in the industry.
Our ambition is to continue acquiring and transforming local agents across the UK, expanding existing regions and venturing into new areas.
Head Office
70 St Mary Axe, London, EC3A 8BE Contact: info@lomond.group
PriceHubble is a European B2B company that builds innovative digital solutions for the financial and real estate industries based on property valuations and market insights. PriceHubble’s digital solutions are designed to help all players across the entire real estate value chain (banks, asset managers, developers, property managers and real estate agents). PriceHubble is already active in Europe, Japan and the United States.
