Property development: 5 tips for success

Forth Homes is a property development business and specialises in building affordable family homes across the North West of England.  Since launching in 2009, the team has built 32 family homes with plans to develop hundreds of properties over the coming years.

Currently the Forth Homes team are in the process of building 17 properties in Liverpool after borrowing £3.2 million from Funding Circle. The houses will be a mix of three and four bedrooms spread across three sites in Merseyside, costing between £155,000 and £595,000 each.

Top tips for property development

In this short video, director Peter Foxcroft shared his top tips for success when planning such a large property project.

Peter’s top tips for successful property developments are:

1. Have a firm plan
2. Ensure you have an in-depth construction plan
3. Put the right house on the right plot of land
4. Be strong in decision making
5. Have a dedicated sales team

If you’re looking for property finance for your business then email our property finance team directly to get your project off the ground.