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Diary of a Project Monitor April 2022

– Colin Ranshaw –

It’s been a busy few weeks.  I’ve travelled from Liverpool to the South Coast visiting a number of sites at varying degrees of completion.

Like most, I’m ready for the long Easter weekend but not before I share some great projects with you.

This is a sample of some really successful projects with a core message at its heart.

At the beginning of March I had the pleasure in visiting a fantastic development in Hedge End, Southampton comprising of four detached houses. All four houses have sold already which to me signifies great build quality in right location at the right price.

All in all, a resounding success!

Staying in the South, I also visited a completed development of eight houses in Bournemouth.  This project includes four semi-detached houses along the road frontage, with a courtyard of four detached chalet styled houses behind. Again, all houses have sold and a few are already occupied.  Once again demonstrating a successful build that has met demand in that area.

Both of these projects have run smoothly with no major issues to report which is very encouraging.

Whilst in the North West, it was also good to see a project in the Liverpool area really taking shape after a few planning and Covid-related issues.  Six of the 9 houses are under offer, showing once again, that small developments of quality housing remain very much in demand.

All in all, it has been a good month for visits and seeing sales coming through at sustained values which is helping to maintain margins for our developers at a time when we continue to see the price of labour and materials continue to increase.

These smaller schemes seem especially popular with buyers and maybe the planners should be paying more attention at a time when smaller developers are really struggling to get this type of project underway!

WHAT OUR CUSTOMERS SAY ABOUT US

“I really appreciate your hard work. We really like the way you communicate & I must say I haven't seen many people who are that approachable.”

“A very efficient processing team, dealing with the DD once deal credit approved, through to completion”

“Many thanks for your efforts on this one and getting it approved and sorted so swiftly, very much appreciated. I am sure I will be speaking to your over the coming months.”

“We had other funding options, but chose to use BLG again, as we work well with Tracey Abbott, who always provides very clear information and advice and welcomed you and your teams friendly approach throughout the funding process. Very efficient and always very helpful.”

“Many thanks Anil, it’s been a real pleasure working with BLG so far.  We’re lining up the next project too”

“We would recommend all staff we have dealt with at BLG, as we are very satisfied with Tracey and the initial offer/terms presented, then you and the funding team, through to the draw down team at valuation stage.”

“All documents are clear and the way you keep Clients informed, all the way along the funding process, is refreshing for us”

“With regard to what should be improved at BLG, we work with many lenders in our business and we do not get the help and response we have had on the two projects with all at BLG on our Funding for our developments.”

“We would particularly mention Dave Edwards and Tom Pitts as being central to having a smooth working relationship and being positive and helpful at all times. Their guidance in helping us navigate the project from inception to completion was invaluable. As was their patience, particularly at the beginning. We look forward to many future projects with the BLG team.”

“We would like to express our appreciation for your support on our development in Bristol. We were very pleased that, from the outset, you shared our vision of the project to convert a dated but classical building, that had outlived its usefulness as a school, into unique luxury apartments with views overlooking the city. We found our dealings practical and streamlined. Monthly payments were processed in an efficient and timely manner.”

“BLG are very good at communicating with Clients and all documents are very clear and all at BLG are always happy to help.”

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