Buy to Flip
Why Should Developers Use The JCT Minor Works Contract?
The Joint Contracts Tribunal (JCT) Minor Works Building Contract is designed for smaller, basic construction projects where the work is relatively straightforward. The current version is officially called The JCT Minor Works Building Contract 2016 and covers works up to £250,000 and is therefore appropriate for most refurbishment projects. For larger renovation type projects, either the JCT…
Read MoreWho Should be in Your Power Team?
Property investment is a team sport, no property investor will be able to maximise the GDV of a project without a team of professionals helping him or her every step of the way. In property investment circles, this team of professionals is called a Power Team. It is your Power Team that will enable you to…
Read MoreHow to Maximise the GDV of a Residential Property
For those of you not familiar with Property Investment terminology, Gross Development Value (GDV) is a calculation of what an investment property project will be worth once all the development work has been completed. For property developers, GDV is an important metric because it is a pivotal component of the profit calculation. An accurate assessment…
Read MoreIs Buy to Flip Now More Attractive than Buy to Let?
From an investor’s perspective, the residential property market changed fundamentally when Stamp Duty for second homes was increased in 2016. The Stamp Duty Land Tax (SDLT) took effect from 1st April 2016. Whilst property investors can build diverse portfolios and are free to use a range of investment approaches now there is more discussion around…
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