Featherstone Property offers Joint Venture Partners and Private Clients the opportunity to use its knowledge and experience to successfully invest  in property. 

 

Core Activities

 

Sourcing
  • Presentations at Property Investors Meeting to attract agents and ensure a regular flow of development opportunities
  • Regular liaison with estate agents, auctioneers and owners
  • Viability assessment and analysis of projects
  • Submission of offers
  • Liaison with solicitor and regular updates for investor
  • Obtains best finance deals for investor and completes process

Development Strategy

  • Independent report on property's potential
  • Detailed project analysis and business plan
  • Will organise specialist professionals if necessary

 

Refurbishments

  • Liaison with architects and submission of planning applications
  • Liaison with local authority
  • Specification for re-furbishment project
  • Quotations for building works
  • Organises refurbishment work at cost
  • Designs layouts and chooses applicances and fittings 
  • Manages contractors on site
  • Pays bills from joint venture bank account  (Partner Package)
  • Manages  joint venture joint bank accounts (Partner Package)
  • Monies from any sale
    • Partner Package - monies into joint venture account 
    • Client Package - monies go into client's bank account
  • Ensures project is finished,  site cleared and tidied
  • Instructs agents to sell or manages letting agent

 

 

Management

  • Appoints letting agent
  • Authorises appropriate maintenance and repair works
  • Condition checks
  • Manages the joint venture  bank accounts (Partner Package)
  • Ensures rent collection and takes legal steps for non payment 

Selling

  • Instructs Estate Agent or Auctioneer and provides details
  • Liaison throughout the sale with agents and solicitors
  • Liaison with investor during the selling process, ie paperwork
  • Monies from any sale
    • Partner Package - monies to the joint venture  bank account
    • Client Package - monies to the client's bank account
  • Retention of all property records at our offices

 

 

Administration

  • Data put into accounting package
  • Invoicing
  • Preparation of documentation for tax returns
  • CIS (Construction Industry Scheme) monthly tax forms
  • Management of administration and secretarial support
  • Updates Investor of portfolio performance and other issues