Belvoir, the lettings agent franchise with over 300 offices on the High Street across the UK, has announced the acquisition of Brook Financial Services Ltd.
It also announced that executive chairman Mike Goddard, who founded Belvoir in 1995, is standing down as chief executive officer but will continue to play an active role as chairman, providing expert strategic input to secure further expansion for the Group.
Dorian Gonsalves, who is currently Belvoir’s chief operating officer, and has been with the company since 2005, has taken over the role of chief executive officer with immediate effect.
‘The acquisition of Brook Financial Services, which trades as the Mortgage Advice Bureau, is a very exciting strategic development for Belvoir, and will enable our franchisees to further grow their businesses by offering a range of financial services to clients, which will in turn help to mitigate some of the impact of the upcoming ban on tenant fees,’ said Gonsalves.
‘Brook Financial Services has already successfully provided mortgage services to our Newton Fallowell network and we intend for similar products and services to be rolled out across the whole network,’ he added.
Michelle Brook, who founded and is the sole shareholder and director of Brook Financial Services, has worked within the financial sector for over 30 years, will continue full time as the managing director of Brook.
The firm operates from offices in Barnsley with a team of 32 staff and advisers, operating within the Mortgage Advice Bureau network.
‘I am very much looking forward to my new role as chief executive officer. This will enable me to see the Group through a period of growth, and implement further new initiatives, which we already have in the pipeline,’ Gonsalves added.
