Legal & General Surveying Services and TPFG announce strategic investment

30 April 2026

Respected property brands LGSS and TPFG have announced a transaction that will deliver a close working relationship between the two organisations.

Following extensive strategic discussions and due diligence, TPFG confirmed the investment to the Stock Market this morning.

Gareth Samples, chief executive officer of TPFG, commented:

"We are delighted to have taken a strategic minority stake in Meridian, the owner of Legal and General Surveying Services, a business with deep heritage, strong lender relationships and a clear runway for growth following its recent separation from Legal & General. Residential surveying is a natural adjacency to our franchise and financial services divisions, and this investment further strengthens TPFG's participation in the mortgage value chain while maintaining our strong balance sheet position. We look forward to working with MD, Richard Sexton and the Meridian team and will continue to pursue complementary acquisition opportunities that strengthen the platform and generate accretive returns for shareholders."

Richard Sexton, managing director of mortgage valuer LGSS, added:

"TPFG is a natural strategic partner for LGSS. Their reach across the UK residential property market, combined with their established mortgage distribution networks, is highly complementary to the services we provide to our lender clients. This investment provides additional firepower for our growth.

The businesses will now begin a mutual review of strategic opportunities for the benefit of their stakeholders and partners.”