The Property Franchise Group and Belvoir Group agree to merge in a £214.4 million deal

LONDON: UK: The Property Franchise Group PLC (TPFG) and Belvoir Group PLC (Belvoir) have announced a recommended all-share merger to create a leading property franchise business in the UK. The combined group will have more than 930 property franchise locations, managing over 152,000 tenanted properties and selling more than 28,000 properties per year. Under the…

Property Franchise Group buys 80% stake in The Mortgage Genie

LONDON, UK: The Property Franchise Group (TPFG) has acquired 80% of the issued share capital of The Mortgage Genie Limited (TMG). The initial consideration is £400,000 with an estimated additional payment of c.£90,000 once the post completion process has been satisfactorily finalised. The Mortgage Genie (TMG) is a mortgage broker operating as an Authorised Representative…