Two more independents snapped up by growing agency group

Linley & Simpson, a joint founder of the Lomond Group, has acquired two more independent agencies. 

The firms snapped up are family-run Moores in Leeds, and lettings specialist homes4harrogate.

Combined they add more than 500 properties to Linley & Simpson’s rental portfolio, as well as it inheriting the residential sales arm of Moores.

Nick Simpson, chief executive of Leeds-headquartered Linley & Simpson, says: “Amid the ongoing challenges of the pandemic, we are thrilled to end 2021 on such an upbeat note. These are highly complementary businesses that we know well, and represent a tailor-made fit for us.

“This investment is yet another vote of our continuing confidence in both Yorkshire and its property market.

“On the back of co-creating the Lomond Group, and thanks to a tremendous team effort from all our people, 2021 has witnessed a record year of growth for Linley & Simpson.

“Our resolution for the new year is to use this platform to scale up further, not just in existing locations but new areas too. We are in discussions with a number of acquisition prospects.”

Employees from both the acquired agencies will transfer to Linley & Simpson’s offices.

Linley & Simpson became part of the Lomond Group at the turn of the year when it joined forces with Edinburgh-based Lomond Capital to co-create a national lettings and sales business.

The Lomond Group now has a combined portfolio of over 27,000 properties under management, and major hubs in private rental hotspots including Aberdeen, Birmingham, Brighton, Edinburgh, Hull, Leeds, Manchester, Sheffield and York.