Lomond, one of the UK’s fastest-growing property groups, has added another name to its rapidly expanding portfolio with the acquisition of Draker Lettings for an undisclosed sum.
The deal marks Lomond’s fourth strategic acquisition in the capital this year alone, following its earlier integrations of Hamnett & Ganpot, Vantage Properties & Management, and the high-profile purchase of Kinleigh Folkard & Hayward (KFH).
Based in central London, Draker Lettings specialises in premium residential rentals across prime postcodes including Chelsea, Belgravia and Knightsbridge.
The firm is expected to complement and strengthen Lomond’s growing presence in the capital’s high-value lettings market.
CONSOLIDATION STRATEGY
The acquisition forms part of Lomond’s broader national consolidation strategy, which has seen the group complete over 50 acquisitions since its formation in 2021.
With backing from private equity firm LDC, the company is targeting key urban markets across the UK and positioning itself as a major force in residential agency, lettings, and property management.
Further details on the integration of Draker Lettings, including brand continuity and leadership structure, have yet to be disclosed.
CLIENT-FIRST APPROACH
Operating from three offices, and covering some of London’s most prestigious neighbourhoods, including Kensington & Chelsea and Hammersmith & Fulham, with a portfolio of over 700 properties under management, Draker has earned a reputation for its client-first approach built on the foundational values of integrity and trust.
EXCEPTIONAL HANDS
Tim Hassell, Founder and Managing Director of Draker, says: “Building Draker over the past 15 years has been a deeply rewarding journey. Our growth has been driven by a laser focus on specialisation, discipline and above all, client satisfaction.
“As I look ahead to a new chapter in Sweden, I am confident that our clients and team are in exceptional hands with Kinleigh Folkard & Hayward- an organisation that shares our values and commitment to excellence.”
QUALITY AND PROFESSIONALISM
John Ennis, Chief Revenue Officer at Lomond, adds: “Draker is a brand synonymous with quality and professionalism in the London lettings market.
“We’re excited to support its continued growth with the broader capabilities and reach of the Lomond network, as we further cement our presence in central London.
“Under our ownership, Draker will continue to deliver its hallmark service to clients, with the full support of sister brands Kinleigh Folkard & Hayward and Chase Evans – both highly respected names in the London property landscape.
“This strategic move aligns with our vision to build a best-in-class, national network grounded in local expertise.
