On 1 July 1869 at Withington in Lancashire, he married Alice Emma Dewing.
Lakin joined the business of his uncle Richard Greaves, who had no legitimate children.
The firm called Greaves Bull & Lakin quarried limestone and manufactured lime and cement, the main works being at Bishop's Itchington and Harbury.
The eldest son Richard Lakin succeeded him as second baronet.
Kellys Handbook to the Titled, Landed & Official Classes for 1923 url http://www.mocavo.com/Kellys-Handbook-to-the-Titled-Landed-Official-Classes-for-1923/621348/1059 [retrieved 30 September 2015]