The Property Franchise Group has completed the acquisition of an 85% stake in Smart Advice Financial Solutions SAFS, a well-established financial services business.

SAFS is an appointed representative of Mortgage Advice Bureau, one of the UK’s largest mortgage intermediary networks.

SAFS provides mortgage and related financial services to clients with 34 highly motivated advisers, increasing TPFG’s financial services network to 315 advisers.

The TPFG board believes the acquisition will support the group’s growth strategy by expanding its client base and strengthening its ability to drive mortgage, remortgage and protection activity across its property franchise network.

Financial service director, Michelle Brook, commented: “We’re very pleased to welcome Smart Advice Financial Solutions to the Group, further expanding our team of professional advisers. We see significant opportunity to scale the division across a broader footprint, and we remain focused on increasing advisor productivity alongside recruitment to support our ambitions.”