Lomond finalizes takeover of Putney rental expert. – TNT

Lomond has announced its sixth acquisition in London this year with the purchase of Putney-based lettings specialist agency, Glenthorne Properties.

Already since January, Lomond has secured deals to bring Chase Evans, Kinleigh Folkard & Hayward, Hamnett & Ganpot, Vantage and Draker into the group.

Glenthorne was established and helmed by owner and director Stephen Giddings to professionalise the oft-neglected lettings sector – a market that has grown significantly since the company’s inception nearly 40 years ago. Specialising in lettings has established many long-term client relationships and a faithful team.

Giddings plans to step back from the property world after the company is consolidated into Lomond’s London flagship brand, Kinleigh Folkard & Hayward.

John Ennis, chief revenue officer at Lomond, commented: “The long, shared histories of these two businesses, that have evolved as local market specialists since their establishment decades ago, make KFH a natural home for Glenthorne and its clients’ next phase of life, and we look forward to incorporating them in the coming weeks”

Stephen Giddings, founder and director of Glenthorne Properties, said: “After many happy years servicing the best interests of our clients across the south west, it’s my pleasure to pass the baton to a business that has both the people and the technological robustness to navigate the evolving private rented sector.”