Why contingency planning is vital to protect yourself against development risk
Working in property development means no two days are ever the same! This is one of the best parts of the job, but it is also the reason why contingency planning is hugely important to any successful project. Financial contingencies are one aspect but don’t forget to consider time. Running late on property development projects […]
How to find solutions to unforeseen property development issues and avoid delays
How do you feel about property development problems? Personally, I try to do my best to tackle issues as soon as I know about them and find solutions. It’s the best way to get your peace of mind back and avoid delays. No matter how well you plan and prepare, things will go wrong with […]
5 Top Tips on Contracts, from Nicholas’ PM
There are several caveats when it comes to contracts, and no one knows this better than my Project Manager, Tom Gillett. Being as highly experienced as he is in the field of property, Tom can offer his expert advice to any aspiring developer in need. You are bound to pick up tips and tricks no […]
Don’t let property finance get in your way. Progress to larger developments with a master broker.
Have you built up your property portfolio but not been able to progress to the next stage? It can be tough moving onto new and exciting larger-scale development. These challenges almost always stem from the need for different financing options. I have come across this problem throughout my career and now realise that master brokers […]
All you need to know about Practical Completion
Although often hard to define, Practical Completion (PC) can be referred to as “When the works can actually be taken to be complete.” We need to have a good understanding of the concept as it has significant implications under the Standard Building Contract. When issued, the contractor will be relieved of their obligations to insure […]
Property Developers Beware – Don’t Let Tree Protection Orders Catch You Out!
During large scale developments such as commercial-to-residential or care home to residential conversions, it is always important to do your due diligence. Checking in with the local planning authority (LPA) on restrictions, for example, is essential in knowing what you can and cannot achieve. One such thing to keep in mind especially is Tree Preservation […]
Behind the scenes progress on my latest Care Home to Residential Conversion
Before you can even step foot onto a commercial-to-residential site, you must put in the correct preliminary preparation. Failing to do so can result in various issues both now and further down the line. Considering all of the steps needed in the prelim will cut costs and result in a clearer, more precise process overall. […]
Behind the Scenes of My Care Home-to-Residential Conversion
Care homes lend themselves well to residential conversions. There are lots of opportunities to save costs when converting, utilise space and maximise your profits. With this in mind, I have invested in a care home-to-residential conversion with the intent of creating over 50 rooms to rent out. Check out our new site here. As you […]
Essential Tips on Fire Safety for Property Developers
The Grenfell Tower fire has been a big wake up call to all property developers, including myself. Ever since that tragic event took place, the way we think about fire safety in property design has been impacted dramatically – and for good reason. From materials and structure to design, planning and everything else in between, […]
How I Can Help You Solve Your Property Development Finance Issues
Shifting from BTL to larger-scale investments isn’t easy. While you may have self-funded and controlled the finances of a Buy-to-Let (BTL) portfolio yourself or via a management team, sometimes there needs to be a more extensive support network to help you overcome any property development finance issues. When you work with me on a mentorship […]