FFT Brave Property Investments Ltd

Our recent project completed at Kepp House, Stirling. Click the link to see the full end product https://lnkd.in/ewMdJUp8

A very interesting article by Which about what's happened so far to the housing market in 2024. The report shows house prices have risen slightly so far this year, but hopes of a significant market uplift have been delayed by stubbornly high mortgage rates. The UK housing market has undergone significant changes influenced by a combination of economic factors, demographic shifts, and evolving buyer preferences. For investors looking to navigate this landscape, understanding these trends is essential. Here's what to expect in the UK housing market this year, where to focus investments, and a recommended strategy to maximise returns. Read my latest blog on the subject: https://lnkd.in/egsCWtfS

Barratt Developments, the UK's largest housebuilder, saw a sharp drop in profits after it built far fewer homes last year. It completed just 14,000 in the year to June, compared to 17,000 for the previous 12 months, and says the total will be lower again next year. The completion figures pose a problem for the new Labour government's pledge to "get Britain building". One of the issues Barrett Developments noted was that with fewer homes being sold and at lower prices, less cash has come through the front door. One of the reasons for this is that mortgage rates have remained high, so the Government has its work cut out addressing the many challenges facing property and building companies, including addressing regulations.

Have you seen Labour's golden rules for development? To complement the NDMPs, Labour has proposed a set of 'golden rules' to ensure that any development on released Green Belt land benefits both communities and nature. These rules include: 🏡Affordable housing: A minimum of 50% of the homes built on grey belt land must be affordable. 🤝Public services and infrastructure: Developments must include new public services and infrastructure such as schools, nurseries, and health centers. 🌳Environmental enhancement: Projects must contribute to local biodiversity, green spaces, and overall environmental quality. 🍃Green space improvement: Projects must include improvements to existing green spaces and avoid building on nature-rich areas. ☀️Sustainable practices: All developments must adhere to sustainable building practices and aim for low carbon footprints.

Property advice 😀🏡 We offer free no obligation impartial advice on all things related to property. From sourcing the right investment properties, how to build a portfolio, where to invest and what returns on investment you can expect. We are here to help so why not schedule a call with us📞 https://lnkd.in/eijr3UUi

Addressing the house crisis in the UK. Tackle Homelessness Homelessness is a tragic consequence of the housing crisis, and the government must take urgent action to address this issue. Investing in homeless shelters, providing support services for those at risk of homelessness, and increasing funding for affordable housing programs can help reduce homelessness rates. Implementing a Housing First approach, which prioritizes providing stable housing for homeless individuals, has been successful in other countries and could be adopted in the UK.

There was an interesting article in the FT reporting on data showing that flats have under-performed houses since 2019. No prizes for guessing the reasons, and if you ask me this represents an opportunity: the factors holding flats back have gone away, making them relatively better value now. https://archive.md/eDx7d #flats#propertyinvestmentopportunity#fftbravepropertyinvestments #homes #investment#buytolet#tenanted

THE DANGERS OF OVER-REGULATION The owner of a major site Ediston is set to revamp its plans for the New Town Quarter in Edinburgh by converting two blocks from Build to Rent into purpose-built student accommodation (PBSA). This strategic shift is a response to significant challenges in the construction market, including rising costs and funding obstacles. Originally, the six-acre site was approved for 350 new homes, a mix of residential options, and office space. However, due to inflation and increased interest rates, the initial plans have become financially unviable. Ediston aims to adapt by introducing 580 student units while also converting an office area into approximately 80 new homes, ultimately increasing the total number of residences to around 200. In a letter to local residents, Ediston explained that the Scottish Government's rental restrictions have severely impacted the Build to Rent sector, effectively halting funding for such projects. Despite these challenges, the developer reassured the community that the visual aspects of the development would remain largely unchanged, focusing on maintaining the quality of materials and public spaces. Ediston is committed to engaging with local stakeholders through public exhibitions to discuss these proposed changes. This move not only aims to address the current housing demand in Edinburgh but also reflects a broader trend in the market. As the landscape of urban development shifts, this project highlights the need for adaptable solutions in response to evolving economic conditions. 🏘️🎓 #Edinburgh #UrbanDevelopment #StudentHousing #CommunityEngagement

The Halifax house price index is showing strong growth, with another positive month putting the annual increase at 4.3% –and prices only fractionally off their all-time high. https://lnkd.in/dsGvEFq

I recently posted about strategies to address the housing crisis as well as the increasing trend of converting commercial buildings to domestic homes. Not only do these commercial conversions offer unique living experiences, but they also help meet the growing demand for housing in bustling cities. Some of the advantages of converting office spaces to homes include the fact offices are often located in areas with strong transport links and local amenities. Owners may be willing to sell vacant premises for a reasonable price to get a quick sale. Office premises also invariably need to be completely internally refurbished, providing scope for conversion into high-quality, bespoke residential units.