A Belvoir Lettings franchise costs £22,500 plus VAT
This will include:
A Licence: To use our highly recognised Belvoir name for 5 years, which is renewable after 5 years (with no extra fee to pay except some modest legal costs to set up a new agreement).
Comprehensive Training: Our three-week course, based at our Central Office in Lincolnshire provides all the vital information, knowledge and understanding that will help you to launch your own successful Belvoir Franchise.
IT assistance: IT assistance will be available.
Operations Manual: This will provide assistance on how to use the Belvoir system and brand and enable you to achieve maximum success.
Exclusive Territory: Identified from guided research of your chosen area. The location and branding of your office is vital to your success!
Property Management Software Introduction: You and your staff will receive ongoing training and support on how to use the UK's No. 1 Lettings software package.
Belvoir Website: Each franchise outlet has its own exclusive homepage on our recently updated, cutting edge website, which promotes your office locally and advertises all of your available properties!
Promotional Goodies: A starter pack including branded materials and stationery is provided to help get your business off to a flying start!
Banking: Introduction to a number of high street lenders, where up to 70% of the total package costs can be accessed.
Belvoir Insurance Products: Our unique, exclusive products can be offered to both landlord and tenants to protect your customers.
Franchise Support Helpline: A team of experts dedicated to providing mentoring, advice and support for any of your franchise and letting issues, is just a phone call away!
Legal Helpline: A support facility available to offer expert advice on all of the legal aspects of letting and management.
Major Mahil, with his wife Bal, launched Belvoir Birmingham Central in May 2007. A year later they won Belvoir’s New Franchise of the Year and in 2009 won the Belvoir Customer Service Gold Award. In 2010 the couple opened a second franchise in Erdington. “Running an open, transparent and customer-focused business has helped to bring in more clients and we pride ourselves on customer service,” says Major. “The Belvoir brand is so big and well-established that we are looking forward to a very successful future.”
Buy to let - the future of lettings
With lending volumes increasing by 22% during 2010, 32% of landlords increasing their rental yields in the first quarter of 2011 alone and the Council for Mortgage Lenders correctly predicted strong rental demand to remain throughout 2011, the Buy-to-Let market is still looking very healthy for new investors. Terry Lucking from Belvoir Peterborough tells you how Buy to Let has enabled him to have a combined turnover of £960,000 per year, mostly driven by giving great buy to let advice.
The Buy-to-Let market is very fertile ground at the moment with tight mortgage lending criteria, an increasingly mobile labour market and financial uncertainty forcing more consumers to rent, rather than buy, more than any other time over the past 5 years. Despite this ‘golden’ opportunity, we believe that many prospective Buy-to-Let investors are being put off by complex legislation and fear of legal action.
Recognising this problem, in our three week induction course, we train all of our franchise owners to actively guide potential investors through the legal minefield, provide expert advice and develop their confidence as landlords. Our training course on Buy to Let will teach you everything you need to know to be the local Buy to Let expert.
The Belvoir Landlord Newsletter, which you can personalise to your own market if you wish, gives you a fabulous tool to get in front of those buy to let landlords, start discussions and build relationships to get those properties onto your books