Industry blue-chip agrees ‘exclusive deal’ with lettings services giant

The Property Franchise Group has signed a five-year strategic partnership deal with the PIB-Barbon referencing and insurance specialists Let Alliance and HomeLet.

TPFG boss Gareth Samples lettings

TPFG has leveraged the reach of its 15 agency brands and their 150,000-strong lettings book to agree an unusual and exclusive deal with the PIB-Barbon referencing and insurance specialists Let Alliance and HomeLet.

The agency group’s boss Gareth Samples (pictured) says the deal will enable TPFG’s franchisees, landlords and tenants to access the Vision Plus portal that gives them access to these services.

Vision Plus was launched in 2021 as a one-stop-shop for tenant onboarding and processing including pre-tenancy, referencing and tenancy agreement e-signing, along with all the other PIB/Barbon services including same-day referencing, rent guarantee insurance, landlord insurance, ‘nil deposits’, utilities and CMP.

“We manage more properties than any other group in the United Kingdom, through 900 franchised territories,” says Samples.

“It is my role to negotiate deals that understand our scale and benefit each of our franchisees by giving the best products and services in the market, along with the best financial arrangements.

The new renter’s rights legislation, along with the most recent Government budget, present unprecedented challenges to my franchisees.”

“We searched the market, and the combined power of PIB and Barbon delivered exactly what we asked for. The new renter’s rights legislation, along with the most recent Government budget, present unprecedented challenges to my franchisees, we needed to respond and get our businesses ahead of the curve.

“Our new and exclusive partnership with Let Alliance and HomeLet will deliver organic growth and improve the profitability of each of our franchised businesses. Every one of our landlord customers will be huge beneficiaries”

Andy Halstead, HomeLet, Let Alliance
Andy Halstead, CEO, HomeLet, Let Alliance

Andy Halstead, Chief Executive at Let Alliance and HomeLet says: “Gareth and the TPFG executive team set us a challenge to develop a proposition that they could confidently recommend to their franchisees, on an exclusive and long-term basis.

Unprecedented scale

“We responded, using the resources across our business and PIB, and were able to deliver a rent guarantee programme, the scale of which has not been seen in the UK until now. TPFG have 15 brands and manages significantly more properties than any other group in the private rental sector.

“We have committed our significant resources and leading tech platform to this partnership, and we will evolve over time, as the market changes, we will respond and support TPFG every step of the way.”

Vision Plus offers:

  • Tenancy Management
  • Tenant Referencing through VISTA
  • Rent Guarantee & Legal protection for 150,000 managed properties
  • Landlord Rent Guarantee and Legal protection for 50,000 let only transactions per year
  • Tenant’s contents and liability Insurance
  • Landlord’s buildings and contents insurance
  • Tenants’ broadband and media – including EE, Sky, Virgin
  • Utilities and notices management, including void utilities provision for landlords

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