Franchised agency giant says it is designed for agents who run successful sales or lettings firms but who would like the backing of a well-known national brand.

Industry corporate says increased rental transactions mitigated the drop in number of homes coming to the market as sales 'normalises'.

Grantham-based business says its more sober image is designed to reflect its increasing involvement in the financial services sector.

The deal, which is for an undisclosed sum, is said to fit Belvoir's strategy of buying up franchised estate agency competitors with potential for growth.

Mortgage broking boss Michelle Brook is elevated while Newton Fallowell founder announces retirement after joining industry in 1976.

Group which includes six agency brands, says its franchisees have taken advantage of this year's 'exceptionally strong sales market'.

Multi-brand estate agency group pins success on booming housing market and acquisition of 21-branch Nicholas Humphreys.

Property giant says 18-month trial by its Northwood franchisee in partnership with recently-launched B-hive offering was a success.