The UK’s largest franchise agency operator The Property Franchise Group (TPFG) has signed a deal with major compliance company Coadjute.

This includes providing the ability for agents to create new sales packs.

The agreement builds on TPFG’s previous rollout of the Coadjute platform to support Anti Money Laundering (AML) compliance across many of its largest estate agency brands.

TPFG operates 17 major agency brands operating from over 1,900 branches.

Under the new deal, TPFG will access Coadjute’s latest suite of services including AML as well as onboarding services including Terms of Business, Material Information, and the ability to create Property Sale Packs. 

These packs are at the heart of government proposals to accelerate house buying and selling, and reduce fall throughs.

The compliance partnership comes at a time of increasing regulatory scrutiny – the National Crime Agency estimates that money laundering costs the UK economy over £10 billion each year.

TPFG chief executive Gareth Samples says: “As the industry continues to evolve, it is important that our franchisees have access to advanced technology and services that help them stay ahead of regulatory change and deliver the highest standards of customer service.”

And Dan Salmons, chief executive of Coadjute, adds: “This partnership reflects a shared commitment to strengthening compliance and helping modernise the home buying and selling process.”