The process of tenant credit referencing is getting more detailed all the time and for landlord insurers it’s good to know that data is being shared via strategic alliances. More here;
In a groundbreaking deal, TPFG have harnessed the power of their 15 estate agency brands, and 150,000 managed properties, to agree a deal with the PIB-Barbon referencing and insurance specialists Let Alliance and HomeLet.
Through the free to use Let Alliance and HomeLet trading platform Vision+, TPFG franchisees, landlords, and tenants, will benefit from the end-to-end proposition, including;
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Tenancy Management
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Tenant Referencing through the market leading VISTA reference product
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Rent Guarantee & Legal protecting 150,000 managed properties
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Landlord Rent Guarantee and Legal protecting some 50,000 let only transactions every year
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Tenant’s contents and liability Insurance
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Landlord’s buildings and contents insurance
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Tenants’ broadband and media – including EE, Sky, Virgin
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Utilities and notices management, including void utilities provision for landlords
Gareth Samples, Chief Executive at TPFG commented “we manage more properties than any other group in the United Kingdom, through 900 franchised territories. 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. 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 governments 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, Chief Executive at Let Alliance and HomeLet commented “Gareth and The Property Franchise Group 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. 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 manage 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”
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