Belvoir
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Latest property news
Belvoir continues selling its HQ-owned branches to franchisees
Franchise agency network Belvoir has sold the latest of its HQ-owned offices following the announcement last year that it would try and dispose of “most of [our] remaining corporate-owned offices to enable the group to further focus its resources on its franchise business”. The first to be sold this year is its Burton upon Trent office in East Staffordshire, which has been snapped up by a neighbouring franchisee with existing branches in Hinkley and Tamworth. Previous ‘corporate’ offices sold last year include Basingstoke (sales) in Berkshire, Lichfield in the West Midlands, London Central and Tadley in Hampshire. The corporate offices already sold or targeted for sale are the remaining branches of the business originally set up by founders Mike and Stephanie Goddard during the 1990s as a traditional letting agency, before the company began offering franchises. The company now has over 301 branches including 86 from the recent acquisition of competing franchisee agent Northwood. The rest of the network’s outlets including 170 via Belvoir franchisees and 14 from Goodchilds and 31 from Newton Fallowell. Belvoir says it plans to sell three of the remaining Belvoir corporate offices but retain two – both in its home town of Grantham – for system development…
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Charity
Belvoir raises thousands for charity
Belvoir franchise owners and staff have already raised thousands of pounds for charity in 2016, but a new initiative due to be launched across the network next month aims to raise thousands more.
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Latest property news
Belvoir expands into the Orkney Islands
Amjed Rasul, owner of Belvoir Inverness, has acquired Orkney Leasing.
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Latest property news
Belvoir Acquisitions
Following Belvoir’s recent acquisition of Northwood, the company has announced the partial funding of a further four franchisee-led acquisitions and the expansion of its acquisition programme to other brands within the group.
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Latest property news
BELVOIR MORAY CELEBRATES 20 YEARS
Belvoir is celebrating the 20th anniversary of the company’s very first franchise owner, Andy Campbell of Belvoir Moray.
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Movers & Shakers
Mark Newton joins Belvoir Board
Belvoir Lettings PLC has announced the appointment of Mark Newton as a Director of Belvoir Lettings.
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Agencies & People
Hunters and Belvoir expanding
Hunters, one of the largest independent networks of sales and lettings agents in the UK, has snapped up Country Properties adding another 23 franchised branches to its set-up. Sales and lettings agents Country Properties, founded in 1974 in Hitchin, Hertfordshire, has developed into an established franchised operation, with strongholds in Hertfordshire, Bedfordshire and Cambridgeshire. Managing Director of Hunters, Glynis Frew (left), commented, “We are delighted to add such a reputable and well established group of branches to the Hunters network. The two companies share the same set of values and are united in our commitment to the franchise model that we feel produces higher levels of customer service and return.” The acquisition of Country Properties will enable Hunters to expand their presence and reach into new areas as well as welcome a group of industry accredited branches with professional franchise partners to their network. Glynis added, “Our franchisees are passionately committed to the success of their own businesses and will work hard to ensure they deliver what today’s customer wants. Local expertise, knowledge and professionalism to help people get to where they need to be – that is our motto.” The 23 Country Properties operations will continue to be managed…
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Agencies & People
How well to estate agent franchises perform?
Andrea Kirkby checks out the financials for property’s leading estate agents franchises.
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Agencies & People
Big wheels keep on turning
Andrea Kirkby investigates corporate strategy in a difficult market.
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