Belvoir Group PLC's (LON:BLV) Dorian Gonsalves talks to Proactive London about their audited final results for the year ended 31 December 2020.
Gonsalves explains the rationale behind reinstating their dividend and trading in the year, which was in line with management expectations. In the year to December 31, revenue increased by 13% to £21.7mln, 6% of which was attributable to the acquisition of Lovelle.
Going forward, Gonsalves says the market isn't just driven by the stamp duty holiday but by people who want lifestyle change, more space, more people working from home or wanting to change their commute. And access to mortgages are very cheap with interest rates at all time lows and the Government very much behind home ownership, with the new 95% mortgage guarantee scheme.