Sunday, 19 April 2009

Property Development and Investment Derbyshire

Residential development infill sites

This term is used to describe potential building plots usually within urbane areas of village boundaries. They tend to be either small commercial or industrial units surrounded by residential property or they are a section of a large plot, people often sell off areas of their side or rear garden.
We are always interested in these sites and can offer assistance on the architectural, planning, development and building stage. Our network of contacts within the property sector can assist with the associated professional advice.

Land Options, Special purpose vehicles, mezzanine funding, and planning gains

There are various types of land options and development structures they are often tailored to suit the various parties involved in a particular development. Land options are used when a freeholder wishes to retain the freehold but sells the “Option” or right to develop the site to a third party. Special purpose vehicles are often limited companies set up to manage and finance an individual development, they offer the advantage of “ring fencing” the finance, liabilities and some taxation issues. Mezzanine funding is a phrase used to describe additional investment in a financed property development, it describes the additional funding that is added to the main bank finance, put in simple terms it is the “bit on top” hence the “mezzanine”. Planning gains are the financial gain that is immediately made once a planning permission is granted for a site and the value of that site increases as a direct result of the new planning permission.

Building Conversions

The vast majority of building conversions in recent years have been from commercial uses to residential, these are often converted into apartments and flats. If these residential developments are developed in a sensible manor they benefit the local community by adding valuable residential units and also find a practical use for a redundant often attractive building.

Change of use conversions

Change of use conversions are simply conversions from one use class order to another, these can be where the upper parts of a commercial property is converted for residential use. The term is broad and can describe a wide variety of different change of uses.

Subdivision

Subdivision of properties is normally into smaller residential units but all type of property is subdivided residential, commercial, and industrial.

Buy to let

Buy to let, we have a lot of experience in the buy to let sector, before the buy to let boom to build a successful residential investment property portfolio you would have needed a bank facility. The buy to let boom has undoubtedly produced many property millionaires, but in recent times with the decline in value of many residential properties many amateur buy to let landlords are deciding the reality of running a property portfolio is not the rags to riches path they had dreamed of.

Investment Property Portfolios

Investment property portfolios can vary in size from two or three small terrace houses to multi million pound fee hold property holdings by large commercial landlords.


We offer a wide range of services from architectural including feasibility of projects through to providing main contractors and can help you find the right professional to assist your development or property portfolio.


For further information please e-mail: info@propertydevelopmentderbyshire.co.uk


Property Development and Investment Derbyshire

Property Development and Investment Derbyshire

Residential development infill sites

This term is used to describe potential building plots usually within urbane areas of village boundaries. They tend to be either small commercial or industrial units surrounded by residential property or they are a section of a large plot, people often sell off areas of their side or rear garden.
We are always interested in these sites and can offer assistance on the architectural, planning, development and building stage. Our network of contacts within the property sector can assist with the associated professional advice.

Land Options, Special purpose vehicles, mezzanine funding, and planning gains

There are various types of land options and development structures they are often tailored to suit the various parties involved in a particular development. Land options are used when a freeholder wishes to retain the freehold but sells the “Option” or right to develop the site to a third party. Special purpose vehicles are often limited companies set up to manage and finance an individual development, they offer the advantage of “ring fencing” the finance, liabilities and some taxation issues. Mezzanine funding is a phrase used to describe additional investment in a financed property development, it describes the additional funding that is added to the main bank finance, put in simple terms it is the “bit on top” hence the “mezzanine”. Planning gains are the financial gain that is immediately made once a planning permission is granted for a site and the value of that site increases as a direct result of the new planning permission.

Building Conversions

The vast majority of building conversions in recent years have been from commercial uses to residential, these are often converted into apartments and flats. If these residential developments are developed in a sensible manor they benefit the local community by adding valuable residential units and also find a practical use for a redundant often attractive building.

Change of use conversions

Change of use conversions are simply conversions from one use class order to another, these can be where the upper parts of a commercial property is converted for residential use. The term is broad and can describe a wide variety of different change of uses.

Subdivision

Subdivision of properties is normally into smaller residential units but all type of property is subdivided residential, commercial, and industrial.

Buy to let

Buy to let, we have a lot of experience in the buy to let sector, before the buy to let boom to build a successful residential investment property portfolio you would have needed a bank facility. The buy to let boom has undoubtedly produced many property millionaires, but in recent times with the decline in value of many residential properties many amateur buy to let landlords are deciding the reality of running a property portfolio is not the rags to riches path they had dreamed of.

Investment Property Portfolios

Investment property portfolios can vary in size from two or three small terrace houses to multi million pound fee hold property holdings by large commercial landlords.


We offer a wide range of services from architectural including feasibility of projects through to providing main contractors and can help you find the right professional to assist your development or property portfolio.


For further information please e-mail: info@propertydevelopmentderbyshire.co.uk


Property Development and Investment Derbyshire

Thursday, 16 April 2009

Loft conversions - adding value to your home

Many homeowners are opting to utilise existing attic space to accommodate expanding families or maximising value potential in their property.

However, extensions and additions can be expensive and time consuming to construct and can compromise the visual aesthetic of the house making the option of expanding Â’upwardsÂ’ a more attractive option. Loft conversions allows you to utilize potential space. Instead of building an increased footprint for the house which will inevitably consume outside living space, loft conversions can be a very profitable and worthwhile home addition creating useable living spaces.

Consider thisÂ…..
Ask yourself what do you want to create? A new master bedroom with en suite bathroom? People are increasingly working from home, a new dedicated home office? An A/V entertainment area maybe?

And what compromises will a loft conversion necessitate? It is quite likely that head height needed in the loft conversion will dictate the useable space and it may not always be easy to increase head height as invariably this will require the alteration of the roof line externally and thus the obtaining of planning permission.

There may be vital structural members within the new useable space and these may compromise the integrity and function of that space though may in some instances add character and interest.

The floor too, originally only intended to retain the ceiling underneath will probably require strengthening too. These areas weren't originally meant to be living spaces, so consider what work needs to be done in order to facilitate your plans.

Planning permission
Whenever you add extra living space to your home, you will probably require planning permission. For this you will need to submit a planning application. Details of how to do this can be obtained from your local area planning offices. Perhaps your builder will be used to working on projects requiring planning permissions and so may be able to advise you on the process. Architects will be used to submitting planning applications for loft conversions as well as other home extensions and additions.

Once everything is in progress however, loft conversions are a very cost effective way to add liveable area and value to your home.

Bear in mind all issues you need to consider in constructing your loft conversion before you engage a builder or home contractor. Seek good advice and obtain the necessary permissions and you will create a worthwhile addition to your home. If your loft conversion project is done by an unqualified builder and without a written contract then you may experience problems. If your builder does not hold current public and employers liability insurances then you may well find yourself uninsured, out of pocket and liable for damage to adjacent properties.

Using a reputable tradesmen source like www.homepromatch.com will ensure that you connect with qualified builders and tradesmen, rated and recommended by other local homeowners.


About The Author
An experienced trade professional, Nigel Beswick writes home improvement and maintenance articles for www.homepromatch.com, an online resource connecting homeowners with vetted and customer recommended home improvement tradesmen and builders throughout the UK.

Find home improvement articles to save you time and money, get helpful tips and advice and design inspiration at http://www.homepromatch.com/Articles/List.aspx

Home Extensions

There is always a need for the maintenance of our homes but often we are not gifted with the things that are required to follow to ensure a proper maintenance. It's always a good idea to handover the job to specialists who can effectively make our thoughts into reality. How many times we have encountered the situation where we need to add an extra room or to convert the unused garages to one of the rooms of our utility? We never seem to derive to the conclusion how this can be achieved. The most difficult of them all is perhaps building a new home where we tend to confuse ourselves with ideas from others professional expertise is mandatory or to be precise comes to the rescue in all the above mentioned cases.

There are so many advantages that we get from the professionals who are into these home development projects. They can derive ways which can help us to get the maximum out of the limited resources and the end result is true value for our hard earned money. After all that's what we all want. Personally many people are hardly aware of the quality materials that are required for the modifications this is best done by the professionals. Again our thoughts are limited to certain extent compared to the professionals so we can never come out with a plan of designing the home in a way which makes the neighbours compulsive to admire it.

Imagine that attic which was hardly of any use being converted to multiple rooms with all the facilities a room needs, they have the skills to do the same. Occasions are always an indispensable event in the lives of social people. So be it a social occasion or a personal one like marriages we need to give that special look to our homes and also look to have it done reasonably. Then there can be some of the intermittent works like bathroom or kitchen renovation, repainting the rooms etc. all these tasks can be made easy with able professional support.

Home Extensions

Are You Thinking of a Home Extension?

Extending your existing home is an option that is becoming more popular with many home owners in this modern day. A home extension can provide you with the added space that you need as well as possibly adding more value to your home.

If you are interested in a home extension is it important that you think about whether a home extension is the best option for you; starting with deciding why you want your extension in the first place. Have you got a growing family and need to create more living and sleeping space? Do you have an older relative who is coming to live with you? You have to think carefully about the reasons behind your planned extension as they can have an effect on your planning permission. If you are planning on moving out in a few years time you will most likely not be granted planning permission.

Planning permission is a daunting area for home owners who are hoping to extend their property. The reason it was put in place was to protect the public interest with regards to the local environment and strict control of your planned development must be maintained to ensure that the character and amenity of your area is not negatively affected. You will need planning permission if any of the following apply:

Continue reading the article here: Home Extensions

Sunday, 5 April 2009

Property renovation

The best way to get out of negitive equity is to renovate your home or add an extension. Buy increasing the value of your home by renovating you will not suffer from falling house prices.

Renovations in Derby
Extensions in Derby
Garage Conversions in Derby