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Belvoir wins Franchise of the Year Gold Award

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RNS Number : 5830V
Belvoir Lettings PLC
06 November 2017
 

For immediate release

6 November 2017

 

                                                                                                                                                                            

 

BELVOIR!

 

BELVOIR LETTINGS PLC

(the "Group" or "Belvoir") 

 

Belvoir wins Franchise of the Year Gold Award

 

Belvoir Lettings plc (AIM: BLV), the UK's largest property franchise, is delighted to announce that Belvoir was crowned Franchise/ Network of the Year at the Negotiator Awards 2017.

 

Established in 2008, The Negotiator Awards is recognised as a prestigious awards ceremony for the UK residential estate and letting agency industry. The Awards are judged by leaders and experts in the residential property industry, with the panel comprising of individuals in property journalism, communications, surveying, and leading property industry senior management.

 

One of a portfolio of four brands operated by Belvoir Lettings plc, Belvoir continues to leverage its network expertise to support franchisee growth, with its Central Office team on hand to provide support and guidance to franchisees, who are also able to benefit from financial support from the Group's via its assisted acquisition programme.

 

Commenting on Belvoir's award win, the judges said:

"Largest doesn't always mean best, but this business supports its franchisees, developing offices and people, and building business so that they all reap the benefits."

 

CEO, Dorian Gonsalves, commented:

"This is an absolutely stunning result and I could not be prouder of Belvoir, our Board of Directors, our dedicated franchise support team and of course all of the franchisees, who have worked so hard across our network to ensure that Belvoir has become a brand that is synonymous with great customer service, professionalism and outstanding success within the industry.

 

"The Negotiator Awards are considered to be one of the most important awards in the UK residential property industry and to win the Franchise/ Network of the Year Gold Award this year is a fantastic achievement."

 

Enquiries:

 

Belvoir plc                                         

Dorian Gonsalves, Chief Executive Officer

Louise George, Chief Financial Officer

 

01476 584 900

Cantor Fitzgerald Europe                                            

Rick Thompson

Philip Davies

Will Goode

 

0207 894 7000

Buchanan           

Charles Ryland

Vicky Hayns

Madeleine Seacombe

[email protected]

0207 466 5000

 

 

About Belvoir Lettings PLC

Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with 300 offices across four brands offering a range of specialist services in property rental, property management, residential lettings, buy to let and property sales. With its Central Office in Grantham, Lincolnshire, the Group manages over 57,000 properties and reported revenue of £9.9m in 2016 making Belvoir the largest property franchise group in the UK.

Belvoir's core revenue is derived from Management Service Fees (MSF); a reliable recurring revenue model through which the Group offers franchisees significant support and advice.

 

In 2015 Belvoir launched its multi-brand franchising strategy and now owns Newton Fallowell Limited in the East Midlands, Goodchilds Estate Agents and Lettings Limited in the West Midlands and Northwood GB Limited, a nationwide network.  In total, the Group operates from 300 territories within the UK.  In July 2017, the Group acquired Brook Financial Services Ltd, a mortgage broker and financial service provider.

 

The Company remains committed to diversifying its brand portfolio, utilising the Group's strong franchising expertise and infrastructure, in order to capitalise on a consolidating market.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Belvoir Group PLC

Price: 124

Market: AIM
Market Cap: £43.32 m
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