The Property Franchise Group (TPFG) has made significant comments about the Renters’ Rights Act and its effect on the firm’s landlords and business as it reveals “significant organic growth” in 2025.

This includes full-year adjusted profit before tax expected to be at least in line with market expectations in its Pre-Close Trading Update

Property taxes

Revenues in H2 to 31 October rose 11% year-on-year, driven by progress on its strategic projects, strong sales and mortgage activity, and the continued expansion of its Privilege programme, which supports landlords and tenants. This came despite speculation around potential changes to Stamp Duty and wider property taxation during the period.

The Group says trading remains strong, helped by the now-confirmed 1 May 2026 start date for the Renters Rights Bill. The company says this “crystallises the importance” of its Privilege programme, which is designed to protect franchisees and landlords from the bill’s operational and financial impacts while generating additional income for the Group.

Disappointing

While it noted “disappointing” increases to landlord property taxes in the Government’s recent budget, it expects the impact on the business to be limited, with higher costs likely to be passed through into rents.

TPFG also confirmed it has secured a new bespoke lending facility with Barclays, giving franchisees more convenient and cost-effective access to funding for acquisitions and refinancing.

CEO Gareth Samples (main image) says TPFG is continuing to “leverage the enlarged scale of the Group” to generate new income opportunities and increase value for franchisees.

Underpinned by a strong franchise model and diversified revenue streams, we have seen strong momentum and significant organic growth.”

“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.”

You can read the full update here.