Its upbeat half-year report reveals increased average revenue for its branches, although four of its own closed after being merged with neighbouring offices by franchisees.

Company says its 300 branches paid it increased management fees both from sales and lettings during the first six months of this year.

It’s a tough life for agents right now. Both independents and the big corporates are under pressure, so, says Andrea Kirkby is franchising the way to weather the storm?

The sales and lettings business of Lincolnshire firm Escritt Barrell Golding have been acquired, although its commercial and agricultural divisions continue.

Veteran of industry with 40-year track record in franchising to steer company's board as co-founder steps down.

Claim is made within research by property expert Kate Faulkner, commissioned by leading estate agency chain, Belvoir.

Franchising giant's 30-second advert will be shown 400,000 and is expected to reach 700,000 people.

Belvoir says the hit on its gross profits will be just 3% nine months after the tenant fees ban is introduced on June 1st.

In this perfect storm of lower transactions and commissions – and a failing online-only model – Joanne Christie says franchising is gaining in popularity.

The UK's largest franchised estate agency chain Belvoir predicts that there will be 20% fewer independent letting agents by 2020.