A small development project with big potential

Sep 16, 2009  |  under New build, Property  |  by Lyndon Forshaw

I’ve mentioned before that I’m about to embark on a small development project of two semi-detached houses. Well, my solicitor has almost completed due diligence and we’re almost ready to complete purchase of the land.
I’ve agreed to buy the small site in Bolton with the intention of turning a £70,000 or £80,000 profit. The land [...]

Taking the plunge: My latest no money down new build project

Jul 3, 2009  |  under New build, Property  |  by Lyndon Forshaw

For some time now, I’ve been getting itchy feet. I keep contemplating taking the plunge back into new build residential projects, but like many others out there I’ve been reluctant to jump too soon.
Whilst development funding is available – I’ve managed to find a source of 100% funding deals – it isn’t as cheap as it was a [...]

Joint Ventures… The Answer To Development Funding?

May 14, 2009  |  under New build, Property  |  by Lyndon Forshaw

After watching Bank of England Governor Mervin King on last night’s news, it’s still clear that no one really knows how long or deep this recession will prove to be. His comments are completely at odds with that of our clueless Chancellor Alistair Darling. King’s opinion that “there are pretty solid reasons for supposing that [...]

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