International law firm Womble Bond Dickinson (WBD) has advised Lomond on the sale of Kinleigh Folkard & Hayward’s (KFH) Financial Services mortgage division — marking another milestone in the property group’s strategic growth trajectory.
The deal follows Lomond’s largest acquisition to date, when it acquired London estate agency KFH in early 2024. That transaction, also supported by WBD, added more than 50 branches across the capital to Lomond’s nationwide network.
Lomond, backed by private equity investors LDC and ICG, has rapidly expanded its portfolio of estate and lettings agencies in recent years. The company now operates one of the UK’s most extensive residential property platforms, spanning key regional and metropolitan markets.
The sale of KFH’s mortgage division is part of Lomond’s continued focus on streamlining operations and strengthening its core estate and lettings business. WBD’s multidisciplinary team led the transaction, reflecting its deep sector experience and longstanding advisory relationship with Lomond.
The WBD deal team was led by corporate partner David Ridley and associate William Reynolds, with support from Alex Dolling and Ellie Jefferson on corporate matters, Stephen Wilson, Laura Wiles, and Lewis Sanderson on financial services and banking, and Jeremy Smith and Sarah Johnston on tax.
Ridley said: “This deal represents another significant step in Lomond’s growth journey. We’re proud to have supported Lomond on both the acquisition of KFH and now the sale of this subsidiary, reinforcing our position as trusted advisers in the sector and showcasing the strength of our corporate team in delivering strategic transactions.”
Reynolds added: “Working with Lomond on this transaction has showcased the depth of expertise within our team. It is fantastic to work with Lomond again and we look forward to working together again in the future.”
Lomond’s Chief Revenue Officer, John Ennis, also acknowledged the firm’s role in facilitating the twin transactions. “Many thanks to David, Will and the rest of the WBD team involved, whose guidance and professionalism have been instrumental throughout these pivotal transactions,” he said.
The completion of the sale further cements Womble Bond Dickinson’s position among the UK’s leading legal advisers to the property sector, with a growing track record in complex real estate and corporate M&A work.
