Milestones of 2020
-
Completion of the acquisition of Lovelle Estate Agents, a strong regional, mainly sales network with 16 branches in North Lincolnshire and the Humber
-
Four of the five corporate-owned Lovelle offices were franchised out to the branch manager
-
Strategic alliance with The Nottingham to take on its estate and lettings agencies within dual-branded Nottingham Building Society branches
Focus for the future
-
The assimilation of Nicholas Humphreys, acquired March 2021, into the Belvoir Group
-
Identify other property-related service companies to bring into the Group
-
Position Belvoir to take advantage of further strategic consolidation and strategic alliances within the property sector
Milestones of 2020
-
11 (2019: 24) transactions completed by franchisees under the assisted acquisitions programme
-
Added £2.1m (2019: £6.6m) of acquired franchisee revenue to the network and £153,000 (2019: £580,000) p.a. in MSF
-
90 (2019: 82) franchisees enrolled on the acquisition research programme
Focus for the future
-
Target to add around £5.0m p.a. of additional network revenue under the assisted acquisitions programme, dependent on market conditions
-
Provide a model to convert larger acquisition opportunities for our franchisees
-
Position our franchisees to take advantage of consolidation within the sector
Milestones of 2020
-
Eight new franchise owners joined the Group
-
Seven new franchise offices opened
-
Seven existing offices were resold either to a new or an existing franchise owner
-
Exceeded 200 financial advisers with 65 new advisers joining
Focus for the future
-
To continue to attract new franchise owners to the Group
-
To open offices in new territories
-
To facilitate the resale of existing property franchise offices
-
To extend our financial services network of advisers across the UK
Milestones of 2020
-
Under our collaboration with The Nottingham, there are now eleven dual-branded Nottingham Building Society branches
-
141 offices are now offering financial services through a Brook financial adviser
-
Under our collaboration with HML Group, five of our franchise offices are offering block management and a further 13 are in the pipeline
Focus for the future
-
Encourage collaboration between property franchises and financial advisers to maximise conversion of mortgage leads
-
Build on the collaboration with The Nottingham to offer financial services to its members
-
Extend the range of property‑related services offered through our franchise networks
Milestones of 2020
-
New websites launched for the Northwood, Newton Fallowell and Lovelle brands
-
New marketing portal launched for the four franchise brands to give franchisees easier access to marketing campaigns
-
5,000 trees planted as part of the Newton Fallowell climate change initiative and a commitment to plant a further 6,000 throughout 2021
Focus for the future
-
Increasing national advertising spend with Google to maximise brand awareness and generate more market appraisals
-
Launch new website for the Belvoir brand
-
Launch a sophisticated new email marketing platform allowing franchisees to produce agile content marketing campaigns