Property franchise the Belvoir group has uptick in revenue built on lettings Property market Property franchise the Belvoir group’s revenue was up 12 per cent in the first half of the year driven by the continued high demand for lettings. The firm, which also runs financial services, made £15.4m up until June, up from £13.8m in the same period last year. Its gross profits was dominated by 60 per [...]
Belvoir Group’s £110m merger sets completion date after shareholder approval Merger A £110m merger between The Property Franchise Group (TPFG) and Belvoir Group is to complete next month.
Belvoir swallowed up by rival in £110m deal to create letting agents giant Property The Property Franchise Group (TPFG) and Belvoir Group have today announced they have agreed on the terms of an all-share merger
Belvoir: Renter demand helps drive up revenue amid rocky period for UK housing market September 4, 2023 Belvoir has reported a 10 per cent uptick in profit before tax to £4.4m in its half year results as it was bolstered by a series of acquisitions and rising demand for rent. During the term, the listed property firm acquired BMA Bristol Ltd, a financial services business comprising of over 20 self-employed advisers for £1m, [...]
Estate agent Belvoir says Brexit vote and stamp duty “unsettled” the property market September 5, 2016 UK property franchise Belvoir Lettings said this morning the property market had been "unsettled" in the lead up to the Brexit vote. Chairman and chief executive Mike Goddard said demand for property remains strong, but added that tax changes for buy to let landlords, combined with the EU referendum, meant the market's growth in the first [...]
Belvoir share price soars as profits at the property services group jump by a quarter April 4, 2016 Belvoir Lettings, the Aim-listed agency business which runs a network of franchises across the UK, said revenues jumped by 19 per cent to £6.9m over the year, boosted by acquisitions. Shares in the company, which counts ex-City workers and former servicemen among its franchisees, have surged by more than 13 per cent after posting a 25 per cent jump in profits to £2.2m, [...]
MartinCo bucks General Election uncertainty with 50 per cent surge in half-year profits September 10, 2015 SHARES in MartinCo rallied yesterday after the residential lettings and estate agency posted a 48 per cent jump in half-year sales, boosted by its acquisition of Xperience. The Aim-listed firm, which manages 44,000 properties across 284 offices, has been focused on growing its estate agency business after previously being focussed on lettings. In 2013, MartinCo [...]
Belvoir to hit full year target February 3, 2015 UK LETTINGS agency Belvoir said it was on track to meet full-year expectations after strong growth from its network of franchises. The group, on Aim since 2012, said trading in the second half of the year was in line with expectations. It put growth down to the rise in the number of franchisees under its management [...]
Bellway raises forecast for new homes as property market grows March 26, 2014 HOUSEBUILDER Bellway yesterday raised its forecasts and said it now expects to deliver 20 per cent more homes this year thanks to returning confidence in the housing market and a surge in customer demand. Pre-tax profits jumped 73 per cent to £103.8m in the six months to 31 January, beating analyst forecasts, while earnings per [...]