48 hours after announcing its acquisition by ICG, Lomond has made another significant takeover in the London area – sales and lettings agent Kinleigh Folkard & Hayward (KFH).

KFH was established over 45 years ago and operates more than 60 branches throughout key London boroughs, offering a comprehensive range of property services to the Capital’s property market.

Expansion in London

The deal comes just a few months following Lomond’s first foray into the Capital with the acquisition of Chase Evans and more recently Miles & Barr in Kent, firmly underlining its stratospheric growth ambitions, as Lomond will now enjoy vast scope for further expansion across London’s most densely populated boroughs.

Kinleigh Folkard & Hayward includes close to 14,000 properties under management.”

The latest acquisition of Kinleigh Folkard & Hayward includes close to 14,000 properties under management, as well as build to rent, block management, surveying and financial services offerings.

Founder and MD of Kinleigh Folkard & Hayward, Lee Watts, commented, “During the last 45 years we have grown the KFH brand across London under our own steam, underpinned by great people delivering excellent service with care.

“Our new partnership with Lomond provides the opportunity to grow even further sharing our values of great service and a people first approach into more homes across the Capital.”

Lomond’s CEO, Ed Phillips, commented, “As our first acquisition under our new partnership with ICG, it’s a big one and I am delighted to have secured the acquisition of Kinleigh Folkard & Hayward.

“KFH is a brand I’ve admired for many years in the London market and to have them part of Lomond underlines our ambitions for growth within London.

Sixty London branches

“The addition of 60 London branches to our nationwide network, means we’re now able to directly refer buyers and investors from London to our brands across the country and vice versa – an exciting development for our marketing strategy and a key component of our journey to become the leading estate and lettings agency business in the country.”

Read about ICG’s investment in Lomond