Editor's note: This brief was summarised by The Property AI Newsroom from a report by The Negotiator. Read the original article for full details.
TPFG Reports Record Revenue and Profits in H1 2026
The Property Franchise Group (TPFG) has announced record results for the first six months of 2026, according to a stock market update. For the period ending 30 June 2026, group revenue increased by 7% year-on-year to £43.3 million, with pre-tax profits rising 7% to £15.5 million.
Franchising revenue grew by 8% to £24 million, making it the largest division within the group and accounting for 55% of total revenue. Financial services revenue also saw a 10% increase to £13 million. The Privilege commercial network programme delivered £1.2 million of revenue in its first full half year, and its rent guarantee now protects more than 72,000 managed properties.
TPFG’s managed portfolio remained at around 149,000 properties during the implementation of the Renters’ Rights Act. The group’s sales agreed pipeline increased to £44.6 million, up from £43.5 million at the same point last year. However, UK sales within the group were down 4% annually, which the update notes is in line with the wider market.
Lettings Management Service Fees (MSF) increased by 2% to £10.6 million, while sales MSF rose by 1% to £5 million, reflecting higher average fees. Priorities for the second half of the year include increasing uptake of the in-house digital marketing agency MarketMore, expanding AI-enabled agent products, supporting franchisees in lettings portfolio acquisitions, and converting the sales-agreed pipeline into completions.
TPFG also announced a 10% increase in its interim dividend to 7.7p.
Source: The Negotiator