Belvoir posts strong profit growth for 2017

Dorian gonsalves

Belvoir Lettings, the UK’s largest property franchise group, has revealed a 62% leap in annual pre-tax profit for 2017.

Profit hit £3.9m for the 12 months to 31 December, compared to £2.4m in 2016, off the back of a 14% rise in revenue to £11.3m.

Management Service Fees rose 23% to £7.9m, and the group retained its strong lettings bias with a ratio of lettings to sales revenue of 80:20.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now