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Belvoir Group's diversification into financial services proving a 'win-win'

Belvoir Group PLC's (LON:BLV) Dorian Gonsalves speaks to Proactive London's Andrew Scott after reporting £1.9mln of gross contributions from mortgage broking in the first 10 months of the year.

He's expecting a further profit boost from a new exclusivity agreement signed with Yorkshire-based Dacres.

Belvoir increased its number of financial advisers by 30% to 160 so far this year and has written 7,961 mortgages for independent estate agencies and via its group franchisees.

Quick facts: Belvoir Group PLC

Price: 147.685 GBX

AIM:BLV
Market: AIM
Market Cap: £51.84 m
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Belvoir Group's Dorian Gonsalves discusses acquisition of Lovelles

Belvoir Group PLC's (LON:BLV) Dorian Gonsalves speaks to Proactive London's Andrew Scott following the news they're to acquire Lovelles, a privately-owned franchised estate agency network with 19 branches in the Lincolnshire and Humber region. Separately he says trading in the second half of...

on 12/12/19

2 min read