Lomond Group Scotland Ltd acquired entire rental portfolio of Purplebricks in Scotland from Purplebricks Group plc.

Purplebricks Group plc is a United Kingdom-based technology-led estate agency company. The principal activity of the Company is the provision of services and technology to sell or let residential properties in the United Kingdom on behalf of the owner or landlord. The Company enables customers to sell their home through a fixed fair price and technology-enabled customer experience. The Company’s Purplebricks app enables customers to have direct control of the sales transaction, whilst offering additional services to enhance the customer experience. It provides various services, such as sales, lettings, conveyancing, surveys, and mortgages. Its subsidiaries include BFL Property Management Limited and Purplebricks Services Limited.