Belvoir Lettings PLC announce increase in Group Revenue

September 11, 2018

Belvoir Lettings PLC  the UK’s largest property franchise,  today  announced their interim results for the six months ended 30 June 2018 in which they reveal

19% increase in Group revenue  to £6,123,000 (H1 2017: £5,155,000).

Dorian Gonsalves, Chief Executive Officer of Belvoir Lettings, commenting on the results, said:

 “I am delighted to report another half year of further strategic progress for the Group, which continues to outperform both the sales and lettings markets which together, with the addition of financial services, has helped to deliver a strong set of first half results.

 “The continued extraordinary success of our Assisted Acquisitions programme during the six months under review reflects our considerable investment in a highly skilled in-house acquisitions team focused on enabling our franchisees to take advantage of the growth opportunities that a consolidating market presents.  In addition, through our investment in Brook, we are seeing the benefits of diversifying into financial services for both our franchisees and for the Group. 

 “Franchising lies at the heart of our Group and the Board continues to look for opportunities to build on its franchising expertise.

“I am pleased to further report that, despite the tough market conditions, Belvoir has achieved a promising start to the second half, and as such the Company is on track to meet management expectations for the year.”

Read the announcement Belvoir Lettings Plc 11th September 2018 in full click here.

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

affordable houses glasgow
Breaking News

Consistent support for apprenticeships helps construction

The Government has announced a £725 million package of reforms to the apprenticeship system, including £140m for a Mayoral pilot programme. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “The consistent messaging from politicians that apprenticeships should be valued as highly as degrees is fantastic and will be of great benefit…
Read More →
Christmas Decorations - Good or Bad for Selling
Estate Agent Talk

6 tips for a stress-free Christmas move

With an average of 87,000 home sales taking place during the month of December, Property DriveBuy has compiled practical advice for those due to complete this festive season, a time already known for being one of the busiest and most emotionally charged periods of the year. Despite this bringing the potential for a more stressful…
Read More →
new build homes colchester essex
Estate Agent Talk

Why 2026 could be the year the market turns

How policy, land and confidence will shape the recovery By Tim Foreman, Managing Director of Land and New Homes, LRG In property sales there are people who need to move and people who want to move. In the last few years, only those who have had to move have been active. Once conditions improve, those…
Read More →
Estate Agent Talk

Why Dumpster Rentals Simplify DIY Kitchen Demolition Projects

Taking on a DIY kitchen demolition project can be both exciting and overwhelming. Whether you’re updating your kitchen’s layout, replacing old cabinets, or knocking down walls, the demolition phase generates a significant amount of debris—everything from broken tiles and drywall to old cabinets and countertops. Managing this waste efficiently is crucial to keeping your project…
Read More →
Breaking News

Zoopla’s 2025 Year in Property: Rural dreams, fastest moving markets and an optimistic end to the year

It’s been a popular year for rural living, with a three-bed detached home in South-West Wales taking the top spot for the most viewed property. The average time to sell in 2025 was 38 days, up from 35 days in 2024. Three-bed terraced properties were the most popular property type. Falkirk in Scotland remains the…
Read More →
Christmas Decorations - Good or Bad for Selling
Breaking News

87,000 transactions set to complete in December

Here’s 6 tips for a stress-free Christmas move With an average of 87,000 home sales taking place during the month of December, Property DriveBuy has compiled practical advice for those due to complete this festive season, a time already known for being one of the busiest and most emotionally charged periods of the year. Despite…
Read More →