Two Belvoir franchisees have been able to borrow money from Belvoir itself, in order to expand their own businesses.

The Brighton and Hove Belvoir franchise, which took over that office less than a year ago, has acquired a property portfolio which almost doubles the size of their business.

The acquisition was supported by a £40,000 loan from Belvoir.

Similarly, the Belvoir Southampton franchise, which has been in operation for two years, has completed on the acquisition of Langford Charles, a lettings and estate agency, supported by a Belvoir loan of £78,500.

Both loans are repayable over three years.

Together these acquisitions are set to increase the Belvoir network revenue by around £250,000.

Both acquisitions are in line with Belvoir’s policy of providing funding to support its franchisees.