The Property Franchise Group (TPFG), the UK’s largest multi-brand property franchisor, has agreed a new bespoke lending facility with Barclays to make it easier and more cost-effective for its franchisees to access funding for acquisitions as well as refinancing on more favourable terms.
The initiative, which aims to give franchisees a distinct competitive advantage in the UK property market, directly addresses the historical challenges franchisees have faced over funding.
Barclays and TPFG have worked together to tailor an offer that meets the particular needs and ambitions of its franchise network. Funds can be used for new business acquisitions or to refinance existing loans, with up to 70% Loan-to-Value (LTV) available.
Other benefits include:
- Access to lending of up to £1.25m subject to standard lending criteria to support substantial growth plans.
- Competitive pricing.
The facility is available to all franchisees across The Property Franchise Group’s national network.
The new pathway for accessing lending for acquisitions and refinancing of existing arrangements, including franchisor-provided loans, was successfully piloted with a number of franchisees from April.
Ben Dodds, chief financial officer of TPFG, said: “We know that access to the right funding has historically been a challenge for our franchisees, often limiting opportunities to expand their businesses.
“Working with Barclays on this bespoke pathway represents a significant step forward – using the strength and scale of our Group to deliver real financial advantages for our network.
“We are delighted to now be able to roll out this facility to all franchisees, helping them to pursue acquisitions, refinance existing debt and ultimately accelerate their growth.”
Louise Jones, franchise business development manager at Barclays, stated: “By understanding the specific challenges and opportunities within TPFG’s franchise network, we have been able to provide a solution that helps open up access to funding. We look forward to supporting TPFG franchisees as they expand, refinance and strengthen their businesses.”
TPFG has just posted a trading update for the year ended 31 December 2025, with full-year adjusted pre-tax profit expected to meet market expectations of £30 million.
The first half of the year saw a 50 per cent year-on-year increase in turnover to £40.3 million, including a 22 per cent rise in revenue from franchising. The second half of 2025 saw an 11 per cent year-on-year increase in revenues to 31 October 2025.
The Group says: “The strength of [our] franchise model and diversified revenue streams puts TPFG in a strong position and continues to shelter it from market cyclicality. As such, the Group expects further growth across the divisions in FY 2026 and looks to the future with confidence.”
TPFG grew out of Martin & Co, an estate agency in Yeovil which started in 1987. It added a lettings agency and adopted a franchise model in 1995.
Between 2003 to 2009 revenues at a franchisee level tripled, supporting the migration of the business into high street retail shop fronts. In December 2013 the business listed on the Alternative Investment Market, and in October 2014 it acquired the master franchise rights from Legal & General to four longstanding property brands: CJ Hole, Parkers, Ellis & Co and Whitegates.
In September 2016 it acquired EweMove Sales & Lettings Ltd, which operated a new type of “online” estate agency franchise model. By March 2021 it had acquired Hunters Property PLC, a property franchise business with 210 branches nationwide specialising in residential sales and lettings, meaning it now has over 550 outlets across the UK.
