How Property Developers Can Survive the Recession

As the country enters into “Lockdown two” on November 5th, the recession is set to deepen. The furlough scheme — which has kept millions of people employed since April — has been extended until December 2nd when the government intends to ease restrictions, but some experts warn that unemployment could […]

Planning permission – what you need to know

Before you start developing your property it is essential you obtain any necessary planning permission. In the latest of our Property Basics series, we tell you why – and, more importantly, how. There are very good reasons for doing things by the book: You will be protected from making mistakes […]

Managing Builders and Project Managers – How to get it right

If you are managing a builder or a project manager on a refurbishment or building project there are many things that can go wrong, says David Lawrenson. So, how can you avoid a nasty run-in with your builder or project manager? Whether you are supervising building works directly or you […]

How to design your self-build property for maximum profit

When you design a home, you need to consider at least the following factors: How it operates How pleasant it feels to use How it looks How much it costs How much it will be worth Designing for function This is a pretty obvious concept. Draw a list of activities […]

Creating a successful management plan for your self-build project

There are two purposes for creating this plan: It will clarify things for you It will convince others – including your financiers – that you know what you are doing Your project plan should cover the following key points: State the objectives of the scheme, including your profit targets, the […]

Top 11 tips for self-builders who want to maximise their profit

Follow this advice to get the best from your self build project: 1) Pull together a good financial plan that shows all your project costs, contingencies, fees, loan payments. Package this into your projected sales value and calculate your headline profit. Since your scheme is all about profit, have this […]