The Property Franchise Group (TPFG), the UK’s largest multi-brand property franchisor, expects full-year profit to meet market forecasts after posting strong second-half trading and double-digit revenue growth.
The listed group said adjusted profit before tax for 2025 would be at least in line with expectations of £30 million, supported by “significant organic growth” across its network of lettings and estate agency brands.
Revenues in the four months to 31 October rose 11% year-on-year as sales and mortgage transactions remained resilient despite uncertainty over potential reforms to stamp duty and wider property taxation.
TPFG said its performance had been boosted by the rollout of its Privilege programme, a suite of lettings-focused initiatives designed to support landlords and tenants.
RENTERS’ RIGHTS BILL PROTECTION
The scheme is being expanded across the group ahead of the Renters Rights Bill, which comes into force on 1 May 2026 and is expected to reshape the private rented sector. The company said the programme would help shield franchisees and landlords from the legislation’s impact while generating additional income.
The group warned that higher property taxes for landlords announced in the government’s recent Budget were “disappointing” but said the financial impact on its business was expected to be limited, with rental inflation likely to accelerate as landlords pass on costs.
DIVERSIFIED REVENUE MODEL
Property Soup revealed yesterday how TPFG has also secured a bespoke lending facility with Barclays to give franchisees easier access to funding for acquisitions and debt refinancing.
The company said the agreement would enable its network to expand more quickly and on more favourable terms.
TPFG added that its diversified revenue model continued to offer protection from market volatility and that it anticipated further growth across all divisions in 2026.
The company confirmed that Dean Fielding stepped down from the board at the end of November, as previously announced.
ORGANIC GROWTH
Gareth Samples (main picture) Chief Executive, says: “We are continuing to leverage the enlarged scale of the Group to capitalise upon additional income opportunities and provide increased value to our franchisees and members.
“The uptake of our Privilege programme has been pleasing and is delivering tangible benefits, mitigating the impact of Renters Rights Bill.
“Underpinned by a strong franchise model and diversified revenue streams, we have seen strong momentum and significant organic growth in trading to the end of October resulting in our expectations for the full year profitability to be at least in line with market expectations.”
