Tenet's non-investment network, LIME, has launched a franchise deal with property website Point Five Estate Agents.
Tenet says the deal will help advisers secure new business in a falling mortgage market. The network offers its members the chance to buy the right to develop their mortgage advice business with the estate agent in a defined region, with a guarantee of no other Point Five Estate Agents competitor in that area. They also receive tools, training and support to run their business. Keith Richards, distribution and development director at Tenet, says: “Although many large, traditional high street estate agents are reporting a downturn in business due to a combination of external factors, mos...
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