Lomond has a new Chief Executive, it has been revealed online.

The news was broken on social media, with Sky’s Mark Kleinman naming Paul Geddes as the group’s new boss.

Kleinman stated: “Paul Geddes, the former Evelyn Partners and Direct Line boss, has accepted an offer to become the next CEO of Lomond, one of Britain’s biggest estate agency groups.”

Lomond team

The company’s website currently shows Ed Phillips as its chief executive on its ‘meet the team’ page.

Lomond has more than 2,600 employees, 72,000 properties under management and 200 branches.

It operates in regions across Britain, including Scotland, Yorkshire, the North West, Mildands, London, Kent and the South Coast.

The Neg contacted the company’s PR Cavendish Consulting who declined to confirm the appointment.

Rising rents

Cavendish PR issued a press release just days ago, which claimed rents were rising to an average of £1,384 a month.

Ed Phillips was quoted in the release, speaking about resilience of the rental market. It comes at a turbulent time for the rental market, which has gone through the biggest regulatory changes in a generation.

He said: “The UK rental market has carried strong momentum through the year so far, with rents continuing to rise across both major cities and more rural locations, reflecting resilient and growing demand in many parts of the country.”