A healthy start to 2018 for Belvoir Lettings PLC

Belvoir Lettings PLC, the UK’s largest property franchise, issued a trading update ahead of the Group’s Annual General Meeting to be held at 11.30a.m. today.

To read the Belvoir Lettings PLC  trading update 29th May 2018 in full click here.

Dorian Gonsalves, CEO, commented:

“The Group has seen a healthy start to 2018 including increased MSF from property sales despite a widely reported background of softening house transactions.  A further ten of our franchise owners have substantially grown their businesses by acquiring a local competitor and we are seeing our lettings-biased Belvoir and Northwood franchisees extending their services to encompass property sales and related financial services.  We continue to work closely with our franchisees, providing the support they need to strengthen their businesses, ensuring they are in the best position to take advantage of the opportunities arising from changes in the sector.”

 

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

Breaking News

Property market has failed to meet expectations

Two-thirds of developers say property market has failed to meet expectations as Autumn Budget fails to boost confidence Jonathan Samuels, CEO of specialist lender, Octane Capital, believes that the Autumn Budget has done little to restore confidence across the UK development sector, with the firm’s latest industry insight revealing that 67% of developers feel property…
Read More →
Breaking News

London’s most balanced rental markets revealed

London’s most balanced rental markets revealed as almost 43,000 properties available across the capital With almost 43,000 rental properties currently available across the London market, the latest research by London lettings and estate agent, Benham and Reeves, has revealed which London boroughs offer tenants the most varied choice of rental properties, with Hillingdon, Havering and Barnet…
Read More →
Breaking News

First-time buyer mortgage costs soar 41% in a decade

First-time buyers are facing monthly mortgage repayments 41% higher than a decade ago, with new research from Yopa revealing that, while house prices and deposit requirements have remained broadly unchanged in real terms, rising mortgage rates have significantly increased the monthly cost of getting onto the property ladder. The full-service estate agency analysed average UK house…
Read More →
Rightmove logo
Breaking News

Richmond upon Thames crowned 2026’s happiest place to live

Richmond upon Thames has been crowned the happiest place to live in Great Britain, reclaiming the top spot after winning in 2023 and finishing second last year In second place is Harrogate in Yorkshire and the Humber, and in third place is Cirencester, Gloucestershire in the South West Kirkcaldy is the happiest place in Scotland,…
Read More →
Estate Agent Talk

What the sector must do differently to engage with young people

By Neil Louth – Group Executive Director, LRG and CEO, Acorn Group The property sector needs to start by recognising that younger buyers are not simply less committed to homeownership. Many still want the security and long-term stability it can offer, but they are making that judgement in a very different market. Deposits take longer…
Read More →
Breaking News

Persistent decline to give way to recovery in 2027

Glenigan’s Autumn 2026 Construction Forecast maintains that sector growth will revive in 2027, despite a challenging year of market stagnation Following a sluggish end to 2026, construction is set to rebound from 2027 onwards as public sector building increases Significant value gains expected for health, education, civils, offices and data centre projects Private and social…
Read More →