You are in your mid-forties, and have just become an orphan! Your dear old Mum has passed away, leaving you feeling empty and confused. Empty because although your mother has been poorly for a long time, you expected her to be around for much longer. Confused, because she has left you her rather dilapidated property, a three storey semi-detached house, which has stood still in time.
What on earth are you going to do with it? The decline in the housing market means not only would it take forever to sell, but the price you end up with would be peanuts.
On the advice of friends, you decide to keep the property, and have it developed into a couple of flats. The local newspaper is always going on about the lack of housing in your area. How do you go about it? Having a couple of teenage daughters, you always seem to be short of cash - they always want something! The same good friends advise you to see a Property Development Company..
There are many Property Development Companies, so how do you know the right one to contact. Examining the property more closely you realize there are a lot of problems, starting from a leaking drain, up to tiles missing on the roof. The large garden has not had much done to it for over six years. The inside needs even more attention.
Surfing the net, you need to find a Developer that ticks all the boxes. One who is experienced in drainage, one who will take on landscaping. You need one who will listen to your ideas, requests and requirements, they must be able to liaise with Architects and Engineers, ensuring the clients requirements are met. If necessary, dealing with the local authorities. Most important of all, organising funding for the whole project. Because you are new to all this, they should provide you with a good after-sales service.
Choosing a local company makes sense, but occasionally to get exactly what you need, it may be necessary to widen your circle of search. A good company will be willing to travel up to a hundred miles.
Eventually you find one and a year later, apart from your own home, you are a proud owner of two modern self-contained flats, bringing in a very lucrative income, and ensuring in twenty years time you should have no worries in your retirement - better still your two daughters will also inherit security.
For expert Property Development Solutions including Property Conversions try Building Solutions (Midlands) Ltd.
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