Scottish property lettings chain seeking franchisees

Scotland-based property lettings franchise PHP Lettings is looking to recruit a series of new franchisees to support its UK expansion.

Founded in 2002 by Kim and Gary Harrison, the lettings franchise says high-demand from landlords and tenants for rental properties has prompted the move.

Accredited by the British Franchise Association, the rental franchise specialises in matching its tenant clients to it database of landlords and says franchisees experience high levels of recurring income and repeat business.

With established offices in the Scottish cities of Moray, Inverness and Edinburgh, the chain is looking to extend its offices outside of Scotland.

With the option for franchisees to choose from a home-office based model, a serviced-office model or a shop-front office, franchise packages are available from £5,995 to £10,000 plus VAT and start-up and back office support, training and specialised software and IT systems will also be provided.

Existing franchisees, Alex Macleod and Kerry Nicholas, who joined the chain in 2011, opened their Inverness site in 2012 and have already achieved their annual target for year one, increased employee numbers and are now planning to purchase another PHP franchise territory.

Kim Harrison, who recently became a licensed member of the Association of Residential Lettings Agents, commented:

“The UK rental market is currently booming so there has never been a better time to consider starting a property lettings business.”