Are you looking to develop your property? Have you done the homework?

Get in touch with our property expert with experience on developments, starting from planning application to building completion certificate

Taking on a property to develop is a serious and complex matter. If you get it wrong you could end up in a lot of debt. Property developing can be successful if the entire project is planned thoroughly without risking stretching your finances and underestimating the real cost of the project.


Property Development Tips - Are you trying to avoid mistakes?

Although property development is becoming increasingly popular, developing a property is a competitive and risky business. This is also another reason that professional property developers in general look for clean plots with granted planing permissions in place. It is important to know that in property development is directly your money placed at risk. 

Banks and lenders have always finance experts on their teams to provide financial advice an suitable funds and packages available.


1- Calculate before starting
1- Calculate before starting

One of the biggest mistakes in the property development is underestimating the costs. Calculating means also setting yourself a budget. The maximum and the minimum costs of the project together with a contingency fund (percentage), are important elements before the start of the project.

2- Choosing the right strategy
2- Choosing the right strategy

Identifying the fundamentals of the development process starting from the decision making, planning, development appraisal and finance are elements that take part on overall development strategy. Recognising issues at different stages is vital to a successful management process.

3- Financing your development
3- Financing your development

The difference between success and the failure of a property development is securing the right finance on the right terms throughout the process. Design decisions of your project should not be based on your high spec style and taste as these can change enormously the costs of the projects.

Disclaimer Note: The information provided on this site does not constitute financial advice or any other advice. The information provided on this site is for information purposes only.