‘Bonfire of the indies’ continues as Lomond acquires five-branch firm
Boss Ed Phillips says that Mishon Mackay will be absorbed into Lomond’s Brand Vaughan business, increasing the number of rental properties under management to over 4600.
The rapid expansion of Lomond shows no sign of abating after the agency consolidator snapped up five-branch Brighton-based business Mishon Mackay for an undisclosed sum.
This latest deal follows the acquisition of Xact Lettings and Yorkshire-based HOP Lettings and HOP Students last month.
ESTABLISHED BRAND
Mishon Mackay was originally established in 1987 and is one of Brighton’s most established estate agency brands – covering Hove and Mid Sussex too – operating across the lettings, sales, land and new homes sectors.
It boasts over 500 rental properties under management, with a 175-property sales instruction portfolio valued at an estimated £1.3 million in commission value.
The acquisition includes all aspects of the Mishon Mackay business and the firm absorbed into Lomond’s Brand Vaughan business.”
The acquisition includes all aspects of the Mishon Mackay business and the firm absorbed into Lomond’s Brand Vaughan business, increasing the number of rental properties under management to over 4600 and giving it a boost of 100 new homes across nine new-build developments in East and West Sussex with a market value of £45 million.
Ed Phillips (main picture), Lomond Chief Executive, says: “Having originally acquired the Brand Vaughan business in 2017, we’ve watched it go from strength to strength in what is an incredibly strong and diverse area of the market.
“The acquisition of an equally reputable and established brand in Mishon Mackay is one that we’ve had on our radar for some time now and we’re delighted that it has finally come to fruition.”
FORMIDABLE FORCE

Paul Broomham, Chief Executive of Brand Vaughan and Lomond’s South Coast Division, says: “We have been long standing admirers of the Mishon Mackay business and we’re delighted to have finally reached an agreement that will combine two formidable forces in the regional property market.
“In doing so, we are creating a one stop shop for landlords, sellers, tenants and buyers within the region, all of whom will benefit from the staggering level of local market experience that both teams possess.
“We can’t wait to welcome the Mishon Mackay team and their clients and we look forward to unifying two of the market leading teams over the coming weeks, with exciting growth plans for the future.”