Belvoir Lettings announces stock market expansion plans

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GRANTHAM-based Belvoir Lettings is set to be listed on the stock exchange as the company plans a major expansion.

The lettings agent announced plans to raise between £6m and £8m through the move.

The company already has 142 franchised offices across the country but plans to expand to more than 200 over the next four years.

Chairman Mike Goddard said: “The UK lettings industry has displayed steady growth through a difficult economic time and Belvoir has been at the forefront of this growth.”