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Belvoir Group PLC

Belvoir Lettings acquisition of MAB Gloucester is a 'win-win' says CEO Gonsalves

'A significant acquisition for the Belvoir Group'

Dorian Gonsalves, chief executive of Belvoir Lettings PLC (LON:BLV) explains to Proactive why the acquisition of Mortgage Advice Bureau (Gloucester) is a win-win deal.

Belvoir’s number of offices grows to 364 through the deal, he says, while there is the opportunity for both sides to either pass leads or work together directly.

“We can bring our letting clients to them and offer property management. buy to rent services and if they want to move offer estate agency and now mortgage advice as well.”

“It also reduces our exposure to the tenant fee ban,” he says.

Quick facts: Belvoir Group PLC

Price: £0.99

Market: AIM
Market Cap: £34.41 m
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Full interview: Belvoir Group PLC 'in good shape' and encouraged by strong...

Dorian Gonsalves, chief executive of Belvoir Group PLC (LON:BLV), tells Proactive London's Andrew Scott that sales and profits in the first half were both comfortably ahead of the same period last year. Belvoir’s high street lettings and estate agency offices arm drove management service fees...

1 week, 6 days ago

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