Letting agency Lomond has acquired the entire rental portfolio of Purplebricks in Scotland.
The deal, finalised for an undisclosed sum, will see all the properties transfer from the online agency to Lomond’s two principal Scottish brands; DJ Alexander - based in Edinburgh, Glasgow, and St Andrews - and Stonehouse - which operates across Aberdeen.
Two thirds of the former Purplebricks’ Scottish lettings book are located in Glasgow, Edinburgh, and Aberdeen, with the remainder situated in Falkirk, Inverness, Kilmarnock, Kirkcaldy, Motherwell, and Paisley.
