Breaking Property News 3/12/25
Daily bite-sized proptech and property news in partnership with Proptech-X.
Banking facility will make it easier and more cost-effective for TPFG franchisees to access funding
The Property Franchise Group (TPFG), one the UK’s largest property franchisors, has announced the launch of a new bespoke lending facility, created with Barclays. This initiative will make it easier and more cost-effective for TPFG franchisees to access funding, empowering them to accelerate business growth through acquisitions and refinance existing debt on more favourable terms.
This initiative directly addresses the historical challenges franchisees have faced in securing accessible and cost-effective funding. By leveraging the scale and strength of the Group, TPFG has been able to work closely with Barclays to create a tailored facility designed specifically to meet the needs and entrepreneurial ambitions of its franchise network.
The new lending facility offers TPFG franchisees a clear and advantageous path to financing, with key benefits including:
- Access to lending of up to £1.25m subject to standard lending criteria, to support substantial growth plans.
- Funds can be used for new business acquisitions or to refinance existing loans, with up to 70% Loan-to-Value (LTV) available.
- Competitive pricing.
- The facility is available to all franchisees across The Property Franchise Group’s national network.
The bespoke pathway for accessing lending was successfully piloted with a number of franchisees from April this year, demonstrating its effectiveness and appeal. The success was broadly split between funding for new acquisitions and refinancing existing arrangements, including franchisor-provided loans.
Ben Dodds, Chief Financial Officer of The Property Franchise Group, commented on the deal’s significance: “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.”
The facility is now formally launched, and all TPFG franchisees can engage directly with the dedicated Barclays franchise team to explore their funding options.
Louise Jones, Franchise Business Development Manager at Barclays, added: “We are proud to work with The Property Franchise Group to create this bespoke lending facility. 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.”
This new facility marks a significant new financial initiative for TPFG, further strengthening its proposition and providing its franchisees with a distinct competitive advantage in the UK property market.
The Property Franchise Group is one of the UK’s leading property franchisors, representing a diverse portfolio of renowned estate and letting agency brands. With a focus on innovation, excellence, and empowering its franchisees, TPFG continues to shape the future of property services.
Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X
You May Also Enjoy
Gap between house prices and earnings narrows
New Scheme Could Double Solo Buyer New-Build Options
Annual house price growth halves in September
Homesellers say valuation appointment is key
London’s rental market bucks the national trend
