Lomand’s drive for dominance in the lettings sector shows little signs of slowing down after it snapped up the lettings book of Edward Mellor for an undisclosed sum.
Having kicked off 2025 with the acquisitions of Oakwood Homes in Kent and Uni2Rent in Nottingham this latest deal significantly boosts Lomand’s footprint in the North West.
Edward Mellor is one of the longest standing and most widely respected agents in the region. Founded in 1983 in a single office in Denton, the business has grown to 140 employees across 12 offices is widely regarded as one of the most successful independent estate agency businesses within the Greater Manchester area.
The deal will see Lomond acquire the firm’s letting arm which currently has some 900 properties under management, with Lomond driving the business forward under the Julian Wadden and Thornley Groves brands.
NEW HEIGHTS
Peter Barlow, Managing Director of Edward Mellor, says: “Edward Mellor is a fantastic business that’s family owned, and run, and it’s these values that we operate with at our core on a daily basis. We’re a people business and we do right by those people, whether they are our customers, or one of the 140 staff we employ.
“We are confident that Lomond is the ideal partner to take our Lettings business to new heights and to continue to support our staff and customers.”
TECH TRANSFORMATION
And he adds: “Whilst it’s never easy to hand over a part of our business, we are excited about the opportunities on the horizon for our Estate Agency, Auctioneering and Financial Services Divisions, which are the heart of our business.
“This move will enable us to channel our time, resources, and management expertise into driving the technological transformation that the property sector urgently needs.”
OUTSTANDING BUSINESS
Lomand Chief Executive Ed Phillips says: “Edward Mellor is an outstanding business and one that still operates with true family owned values at its core, which is rare to find in this day and age.
“Make no mistake about it, by acquiring the lettings arm of the business, we’ve acquired a competitor within the Greater Manchester area and so this is a deal that strengthens our presence within the region considerably.”
