Platinum Property Partners franchisees reveal redundancy solution

Platinum Property Partners franchise
Platinum Property Partners Platinum Property Partners is the world’s first property investment franchise.

They assist you in building a portfolio of specialist buy-to-let properties, which can secure you an ongoing substantial income, a solid pension fund and a valuable legacy for your family.

Request information
Read more
Published on

When Paul Watson faced redundancy, he and his wife Carol decided to go into business together. 

“I was the main breadwinner of the household and in a senior corporate role when I had redundancy forced upon me,” Paul said. “We were looking at franchising really just to get our heads around it – we weren’t up to speed with what was out there. But we signed up for the British Franchise Association’s monthly magazine and when we were flicking through the first copy that landed on our doormat, we came across an advert for Platinum Property Partners.”

After attending a Discovery Day, they signed up and bought two properties to kickstart their venture. Paul added,

“Don’t get me wrong – it was still scary… You’ve got to have real trust and belief in what you’re doing at that point, but when the tide turns and the money starts coming back in from room rentals, that’s when you know you’ve done the right thing.”

One of the best aspects of investing in the property franchise is the high level of support available.

“There’s always a go-to person for everything and trying to figure out stuff on our own would have been a really lonely place to be on the back of redundancy,” Paul explained. 

But the couples’ journey with Platinum Property Partners didn’t end when their franchise term did. They became Platinum Alumni Partners, retaining access to the franchise’s team of experts. Carol said:

“As Alumni Partners, we’re focusing more on the health and wellness guidance and accountability that comes from Platinum. The wealth journey is great, of course, but it’s easy to neglect your health along the way. The Platinum team make sure you don’t fall into that trap.”

Six years after investing in the franchise, Paul and Carol have built a portfolio of five HMOs and 33 tenants. Now, they’ve got their sights set on a sixth house. Paul’s advice for new investors?

“Don’t try to reinvent the wheel. What you pay for when you join a franchise is a successful formula, so why try to change that? There will be bumps in the road, particularly with property because it’s the nature of the beast. But the important thing is to ask for help and keep things simple.” 

Other recent news
Did you enjoy this article? Please rate this article
Be the first to rate this article
These articles may interest you

Six Unique Franchise Concepts to Invest In

The world of franchising is full of variety. It’s a dynamic, [...]


Q&A: Does Yo! Sushi Franchise in the UK?

Yo! Sushi, with over 100 sushi restaurants across 10 countries, could be [...]


Business Basics: How to Operate as a Sole Trader

If you’re a self-employed person running your own business, you [...]


Business Basics: How to Register a Trademark for Your Business

Running your own business is an exciting professional option which [...]


Sector Spotlight: The Spa Sector Gets Ready for a Post-Covid Comeback

The spa sector has struggled through three different lockdowns in the [...]



Post a comment

The comment will be public. If your are interested by this Franchise, please fill out your personnal details on the request information form.

Characters remaining: 250