PROPERTY DEVELOPMENT

Whether it’s a house, flat, or an entire apartment building requiring renovation, this type of purchase represents a large proportion of our annual transactions. We are able to consider any condition, even unmortgageable, derelict or with structural issues. Our acquisitions team oversee every step of the process, from making the offer to ensuring a swift exchange of contracts and completion.

An acquired taste for owner occupiers, seasoned property investors, and virtually all high street banks and building societies. A lengthy and complicated process makes these assets very difficult to sell quickly. However, our experience in this property type, longer term approach, and cash position, mean we are able to make our valuation quickly, and proceed to a prompt exchange of contracts.

Our team of specialist surveyors and skilled negotiators ensure a professional approach in all aspects of this type of acquisition.

We will buy licensed and unlicensed HMOs. With local authorities becoming increasingly intolerant of non complainant buildings, many landlords face a choice between costly improvements to meet ever changing regulations or selling. With possible criminal proceedings and significant fines as possible punishments for non compliance, there is often strong motivation to sell. We have the funds, appetite and management expertise to resolve outstanding housing act notices, and to meet all HMO licensing obligations.

Our founding Director brings considerable experience and expertise in the acquisition, asset management, and ‘break-up’ of sizeable mixed use property portfolios of lot sizes ranging from £10-£20M

With all property types, size and nature of transaction, The Wanstead Property Group can either acquire the assets or purchase 100% of the share capital of the selling company.