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Five year agreement signed for LSL to provide mortgage and protection advice to The Property Franchise Group s network
The Property Franchise Group PLC, the UK s largest property franchisor, is delighted to announced it has reached a long-term agreement with LSL Property Services Plc ( LSL ), for LSL to offer mortgage and protection advice services to all of TPFG s franchisees, including those recently incorporated as a result of its acquisition of Hunters Property Ltd.
TPFG now has over 430 physical office locations, conducts the sale of circa 23,000 properties per annum and manages in excess of 73,000 tenanted properties. ....
LSL announces five-year agreement to provide digital and face-to-face mortgage and protection advice to The Property Franchise Group s expanded network of over 430 estate agency offices
As part of its strategy to grow its market share in Financial Services, LSL Property Services plc ( LSL ) announces that it has reached a long-term agreement with the UK s largest property franchisor, The Property Franchise Group plc ( TPFG ), to offer mortgage and protection advice services to all TPFG s franchisees, including those recently incorporated as a result of its combination with Hunters Property Ltd. The Property Franchise Group now has over 430 physical office locations, conducts the sale of circa 23,000 properties per annum and manages in excess of 73,000 tenanted properties. ....
LSL strikes 5-year mortgage and protection deal with TPFG By Roger Baird 27 th April 2021 1:15 pm LSL Property Services has struck a long-term deal with the UK’s largest property franchisor The Property Franchise Group to offer mortgage and protection advice services to all TPFG’s franchisees. LSL says the agreement, for a minimum of five years, will see it provide digital and face-to-face mortgage and protection advice to the customers of TPFG and its franchisees. It adds the move is “part of its strategy to grow its market share in financial services”. TPFG franchisees will work with LSL’s PRIMIS Mortgage Network. Franchisees will be offered the opportunity either to take on their own mortgage adviser and become an appointed representative of PRIMIS, or to refer their customers to existing PRIMIS appointed representatives, including LSL’s in-house mortgage brokers. ....
LSL Property Services (LSL) has reached a five-year agreement with The Property Franchise Group (TPFG) to offer mortgage and protection advice services. The agreement is for a minimum of a five-year period and means that LSL will be providing digital and face-to-face mortgage and protection advice to the customers of TPFG and TPFG’s franchisees. TPFG franchisees will be provided with a range of options via LSL’s PRIMIS Mortgage Network. Franchisees will be offered the opportunity either to take on their own mortgage adviser and become an Appointed Representative (AR) of PRIMIS, or to refer their customers to existing PRIMIS ARs, including LSL’s in-house mortgage brokers. ....
Simon Embley has been appointed chief executive of Pivotal Growth and will step down from his role as non-executive chair of the LSL board on 28 April 2021. LSL has revealed a joint venture with Pollen Street Capital (PSC) to launch Pivotal Growth, a national mortgage broker. At least £200m will be made available by way of equity and debt to fund acquisitions; LSL has committed up to £33.5m and PSC up to £62.4m to support the acquisitions to be made by Pivotal Growth. The investment by LSL and PSC will be supplemented with external debt finance in Pivotal Growth, with a view to an exit event over a three to six year period. ....