12 January 2021 - growth of business

The AIM-listed property rentals group has announced that its financial services business has continued to grow as expected with the group ending 2020 with 202 financial advisers, just ahead of its target of 200 advisers.  The year saw revenues in the division rise by 13% over 2019 to £9.6m, with provisional pre-tax profits being up 26% at £1.8m.  Around 45% of the group's lettings and estate agents are offering financial services, including mortgages, insurance cover and savings products, and this is clearly a growth area going forward.  The shares . . .

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