Q&A: Does Belvoir Lettings Franchise in the UK?
Cara Squires, writer
If running an estate agency franchise appeals to you and you have the capital to support your investment, it’s hard to beat Belvoir. Five brands fall under Belvoir Group’s umbrella, including Belvoir Lettings, and if you choose to start a Belvoir Group franchise in 2022, you’ll benefit in more ways than one. Read on, and discover everything you need to know about a potential investment in a Belvoir Group or Belvoir Lettings franchise.
The UK estate agency industry is worth almost £10 billion [Hallidays] and becoming increasingly competitive with each passing year. There is a huge amount of demand for support from talented estate agents, and as a provider of Belvoir Group financial services and a manager of Belvoir Group residential sales, you could tap into this demand. In short, there has never been a better time to make a career change with a property management franchise.
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Does Belvoir Group franchise in the UK?
If a career managing Belvoir Group residential lettings sounds perfect for you, you’ll be pleased to discover that yes, Belvoir does franchise in the UK. In fact, as mentioned above, Belvoir Group offers multiple different franchise opportunities across five brands. These brands are Belvoir Lettings, Newton Fallowell, Northwood, Lovelle and Nicholas Humphreys.
Working for yourself doesn’t need to be a dream. With the Belvoir Group, you can turn your professional ambitions into reality sooner than you think. If you are looking to own and grow a property sales and lettings business, we provide franchise opportunities across the UK. - Belvoir Group
The history of Belvoir Group Lettings
Belvoir was founded by the Goddard family in 1995, over 25 years ago. From day one, Belvoir Lettings’s values have been strong, focused on building relationships and showing individual care to each customer. These values remain unchanged today, and they are now perfectly paired with the company’s huge amount of experience and knowledge, gathered across three decades at the forefront of the ever-changing UK real estate industry.
Organic growth and acquisitions have both contributed to the continued expansion of the Belvoir Group, which now boasts 439 offices across its different brands, “with specialisms in residential lettings, property management, residential sales, and property-related financial services” [Belvoir Group]. Across the Group, Belvoir employees manage over 65,000 UK properties, so it’s no surprise that the brand has such a strong reputation in local communities up and down the country. Having won awards such as Best Franchise of the Year, Best Large Chain of the Year and Best Large Agency Group, you can be sure you’ll be in safe hands with a Belvoir franchise investment.
Property will always be personal with the Belvoir Group. It doesn’t matter if you are a franchisee, landlord, tenant, vendor or buyer. The strength of our relationships is what defines us. It’s what the business was founded upon over twenty years ago. - Belvoir Group
Start a franchise in the real estate sector with a Belvoir Lettings business
If everything you’ve learned thus far about a Belvoir Group property management career has you increasingly keen to invest, become an estate agent and start your own Belvoir Lettings franchise, keep reading. The three questions answered below will equip you with all the information you need in order to make a fully informed franchise investment with Belvoir...
1. How do you go about starting a property franchise with Belvoir Group?
If you’d like to find out more about property franchise opportunities across the Belvoir Group, we'd love to invite you to a Discovery Day meeting with a member of our senior team, designed to explore the Belvoir Group franchising opportunity relating to your particular geographic location on a one to one basis. - Belvoir Group
You can register your interest in an investment with Belvoir Lettings and find out more via Belvoir Group’s dedicated franchising website. You’ll then be invited to a Discovery Day meeting. Note, before you make contact, that you don’t necessarily need a background in property/real estate in order to thrive with Belvoir Lettings (or any of the other brands under the Belvoir umbrella).
2. How much do you need to invest?
In order to become a Belvoir Lettings franchise owner, you’ll need to cover an initial franchise fee of £22,500, followed by a total investment cost that will usually be in the region of £150,000 to £200,000. Belvoir understands that not every franchisee will be able to purchase their franchise outright, and is happy to start a conversation with potential investors, tailoring an ownership plan that works for their individual circumstances. For instance, Belvoir is well-placed to connect you with lenders and financial partners (and will often have long standing relationships with these connections that benefit you).
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3. What do you get for your investment?
When you become a property franchisee with the Belvoir Group - whether that be with a Belvoir, Newton Fallowell, Northwood, Lovelle or Nicholas Humphrey's brand opportunity - you become part of an established and trusted high street brand, and that comes with the full support of a centrally-located team. From training and mentorship through to shop fit-out and marketing, we’re on your side. - Belvoir Group
Belvoir’s honed and comprehensive franchise package will support you at every step of the way if you choose to invest. You’ll benefit from a huge amount of business development support, IT support, legal advice, marketing assistance and recruitment assistance. Plus, you’ll benefit from the proven business model and recognised brand name of your franchise - two things you’d have to work very hard on if you chose to start your own real estate business from scratch.
Start running your own business in the profitable real estate field with Belvoir Group franchise opportunities
You should now be able to determine if a franchise investment with Belvoir Group (whether with Belvoir Lettings or any of the other associated brands) is right for you. If you’d love to work in real estate but you’re still making up your mind about Belvoir, stay on Point Franchise and continue your research. Check out five tips for running a successful real estate franchise, find out how to choose the right estate agency franchise for you and browse the wide range of available property franchise investment opportunities.
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Cara Squires, writer