Sugarhouse Properties

We're happy to announce our latest acquisition of Leeds-based lettings and property management company Sugarhouse Properties. The acquisition adds significant strength to our foothold in the student lettings market. Sugarhouse Properties currently has 372 properties under management in the Leeds area. With 13 years of experience and being one of the largest independent student lettings agents in Leeds, the business also provides lettings services to professional tenants and prides itself on providing high-quality and well-managed accommodation. This approach has led to the firm winning multiple industry awards. "Sugarhouse Properties is an outstanding company and one that has formed a formidable reputation within the student lettings space over the last 13 years. The company's culture is centred around delivering high quality accommodation, with management and customer service to match, so it was clear from the start that both Linley and Simpson and Sugarhouse shared a great deal of synergy and that combining forces would be beneficial for all involved. What's more, they've gone against the grain with respect to traditional marketing methods, utilising online channels that resonate with their target audience and with the help of Lomond's marketing assets, we look forward to helping supercharge these efforts."  - Ed Phillips, Lomond CEO. "We've put a great deal of blood, sweat and tears into Sugarhouse Properties and we're immensely proud of the outstanding business we've built and the reputation we've developed across the student lettings sector. However, we believe that now is the right time to allow the business to evolve and with the help of Lomond, we're extremely excited about what the future holds.  It's clear that Lomond places a real emphasis on empowering the businesses they acquire and with the additional assets that this deal will provide Sugarhouse Properties, we can't wait to see how the brand evolves going forward." - Richard Napier, Director of Sugarhouse Properties. 

Great response from our tenants again this year in donating any unwanted food items during this summer's big student housing changeover. We were able to donate a few more crates of food to the amazing, and sadly very in demand, Trussell Trust's foodbank in North & West Leeds. (And thanks to Harry and Connor for doing the heavy lifting. Although I'm excellent at opening doors)

Our Euro's sweepstake is getting serious..... (with a little help from AI - and some mildly terrifying results!)

Another 1st July Student Housing Changeover has been dispatched; we're all a bit knackered but it was another phenomenal effort from our 100 plus cleaners, 20 plus inspectors, amazing Sugarhouse team and lots of (mostly!) understanding new tenants. There was also a lot of coffee and cake. We were joined again this year by some fab local businesses to welcome our new students - despite the crappy weather! Thanks to everyone who danced in the rain!

Taking one for the team! Getting ready for the bedlam of Student Housing Changeover week with office massages for everyone. We're prepped, ready and at least 90% Zen! 🧘♂️

📅 This week, we are celebrating #NationalVolunteersWeek by acknowledging the wonderful contribution many of our members make to their local communities. Meet landlords Richard Napier and Charlie Aston, who have teamed up with local charity Zarach to provide beds and bedroom sets to families whose children have no beds of their own. 💚 🔗 Read their inspiring story here: https://lnkd.in/ewqt7FyJ Are you a landlord or letting agent who volunteers or fundraises in your local community? ✉️ We'd love to hear from you! Drop us a DM or comment below. #volunteeringweek #nationalvolunteersweek #landlords #landlordsinthecommunity #property #buytolet #propertyinvestment #membershipassociation Zarach

Disappointing, but not surprising, to see the (largely unpublicised) demise of the Renters Reform Bill which will now be scrapped and started again by a new Government. Outlined in a white paper in 2022, published in May 2023, and then thrown out with the rubbish last week, this was to be the biggest change to the rental industry in decades. None of which helps tenants, or the confidence of landlords in the sector, as the huge imbalances of supply and demand continue which will no doubt worsen further due to the continued uncertainty. At what point will housing become a genuine Govt priority?