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Belvoir Group PLC

Belvoir Lettings acquisition of MAB Gloucester is a 'win-win' says CEO Gonsalves

'A significant acquisition for the Belvoir Group'

Dorian Gonsalves, chief executive of Belvoir Lettings PLC (LON:BLV) explains to Proactive why the acquisition of Mortgage Advice Bureau (Gloucester) is a win-win deal.

Belvoir’s number of offices grows to 364 through the deal, he says, while there is the opportunity for both sides to either pass leads or work together directly.

“We can bring our letting clients to them and offer property management. buy to rent services and if they want to move offer estate agency and now mortgage advice as well.”

“It also reduces our exposure to the tenant fee ban,” he says.

Quick facts: Belvoir Group PLC

Price: £1.05

Market: AIM
Market Cap: £36.77 m
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Belvoir Lettings says trading is going "pretty well"

Dorian Gonsalves, CEO of Belvoir Lettings PLC (LON:BLV) tells Proactive that trading has been in line with expectations and the “the year has gone pretty well so far”. He said the company has been working hard with its franchisees to help them mitigate the impact of the loss of tenant...

on 30/5/18

2 min read