Upton Prowse’s Post

Upton Prowse Records Busiest Ever H1 with Deals Totalling Over £130m. Upton Prowse, is pleased to announce its busiest ever H1, having agreed a further four new deals that cumulatively exceed £100m.  This achievement underscores the firm's commitment to be a leader in the residential investment market. "As we reflect on this half year, it's clear that our hard work and approach is paying off," says Matthew Comer. "Going into H2 with a significant pipeline of deals in legals, is not just a testament to our dedication but also to the confidence our clients place in our ability to deliver. Every deal presents unique challenges at present but we are working hard to close these all soon, this is an exciting time for Upton Prowse, and we are keen to maintain this momentum. As we enter H2 we expect sentiment to remain positive, with the new election result and summer months acting as a momentary pause and catalyst for the market to continue in earnest.” These deals span a variety of different investment types but are all residential led, reflecting Upton Prowse’s commitment to keeping things specialised. James Upton-Prowse says: “An area of our business that we are adding significant value to our clients is in early development consultancy.  Mapping out schemes that would best fit institutional capital.   Capital is then able to be deployed at best value for sellers and on the most fit for purpose investments for buyers.  This year we are seeing a number of developers run into difficulty because of a lack of foresight in design and orientation at the outset which could have easily been avoided.” For further details or to discuss how we can help, please get in touch. #prs #h1results #keepitsimple #btl #btr

HAVE YOU READ OUR LATEST BLOG? When it comes to the rights of landlords and tenants, we look at the basics of fair housing and what it means to our network of HMO franchise partners. We help our network understand the more complex issues around fair housing, which is key. Especially as the Government is committed to “levelling up” the UK’s Private Rented sector, by 2030, and has made changes to the laws and regulations to achieve this. Read more to discover what this means for you 👉 https://hubs.li/Q02x3XzB0

I see Coventry Building Society is not going to put its deal to buy Co -Op Bank Limited. to a shareholder vote, following the lead of Nationwide Building Society. Why? It's not required under the Building Societies Act. That may be legal but it's not good customer relations, never mind PR. Memo to Labour Business Relations. If and when you get into power, amend the act as mutualism is in need of more democracy.

Partnerships key to future growth for Lovell as strong half year results revealed Lovell Partnerships Ltd continues to show resilience and is in a strong position to support future growth, which has contributed to Morgan Sindall Group plc half year results.  Half year operating profits are up by around 16% to £11.7m and, across the business, contracting activity was up by 21%. In addition, Lovell is delivering significant affordable housing, helping to support the UK’s severe need for high-quality affordable housing. The firm’s secured and pipeline workload has increased significantly over recent years, through its geographic expansion and ambition to grow the number and size of multi-tenure sites. The strength of these results can be attributed to its partnership model, which includes multi-tenure development of open market and affordable homes, together with its contracting expertise delivering new homes on a design and build basis, in addition to the planned maintenance and refurbishment of existing homes.  The Group delivered another record set of results in the first half, once again reflecting the high quality of its operations and the talent and commitment of its people.  Group revenue increased by 14% to £2.2bn, adjusted operating profit before tax was up 17% to £70.1m and the interim dividend up 15% to 41.5 pence per share. The Group’s balance sheet remains strong with net cash of £351m, and together with its high-quality secured order book of £8.7bn, the Group is well-positioned for the future. Lovell https://lnkd.in/eqE4sXGK

Great Discussion on SoCal and the Inland Empire Market!!

🌟 At DSA Bespoke Property, we're not just another property company – we're your partners in success! 🏡✨ Here's what sets us apart: 1️⃣ Wealth of Knowledge: Here at DSA we have extensive expertise in investment areas, providing you with unparalleled insights for informed decisions. 2️⃣ Local Partnerships: Collaborating with reputable local companies, we ensure that your investment journey is backed by strong networks and solid relationships. 3️⃣ Diverse Offerings: From flips that maximise returns to bespoke property sourcing tailored to your needs, we cover every aspect of the real estate spectrum. 4️⃣ SA and HMO Expertise: Whether you're into Serviced Accommodations or HMOs, we have the knowledge and experience to guide you through successful investments. 5️⃣ Help to Sell Service: Our commitment doesn't end with your purchase. Take advantage of our "Help to Sell" service, where we leverage our expertise to ensure your property sells seamlessly. 6️⃣ Tailored Solutions: We understand that each investor's needs are unique. That's why we offer personalized strategies to suit your goals. 7️⃣ Always Growing Our Portfolio: As part of our commitment to excellence, we are continually expanding our own property portfolio, staying ahead of market trends. 8️⃣ Trusted Relationships: We don't just close deals; we build lasting relationships. Trust is the cornerstone of our business, and we value every connection we make. Contact us for further info hello@dsa-bespoke-property.co.uk 🚀🤝 #DSABespokeProperty #RealEstateExperts #InvestWithConfidence #HelpToSell #TailoredSolutions DSA x

🌟 It all started with a £1 crash course... 🌟 Two weeks and an 80-hour intensive masterclass later, I've launched a legal and compliant Deal Sourcing company. 🚀 After attending the Samuel Leeds Deal Sourcing Crash Course in London, I learned so much about property investment that I decided to dive deeper into the world of Deal Sourcing. Now, an investor can be a busy tux-wearing business person or just an unassuming everyday individual. But if there’s one thing I’ve learned, it's that investors are busy people. They might not have the time to do their due diligence—analyzing market prices, investigating rental income, finding properties with guaranteed high returns on investment, arranging viewings, negotiating prices—the list goes on. That’s where we come in—the Deal Sourcers. We handle what investors may not have the time or expertise to do. After the Samuel Leeds Deal Selling Masterclass, that's exactly who I transformed into: a Deal Finding and Selling Machine. In the past week, I've: 🏡 Called more estate agents than is healthy in one day. 🏡 Negotiated lower prices more than I ever have at the grocery market. 🏡 Created a compliant business (which I am exceptionally proud of). 🏡 Investigated property investments like a detective to ensure the best ROI. 🏡 Found the juiciest property investments. I’m incredibly grateful to Samuel Leeds and his team for their guidance and support. This experience has truly empowered me to take my property investment business to new heights. Stay tuned for exciting updates as I embark on this new chapter! 🌟 #PropertyInvestment #DealSourcing #SamuelLeedsAcademy

Considered the first big test of the Labour government’s reputation with foreign investors, this week’s £8bn bond sale was 10x oversubscribed.   British Retail Consortium reported that total sales rose 1% last month, against a growth of 4.1% in August 2023. The Asda in Washington is being marketed at £21m, reflecting a NIY of 5.5% and Lothbury Investment Management Limited has launched the sale of Atlas Retail Park in Mile End at £30m. Realty Income Corporation has bought the Tesco in Airdrie for around £18m –a NIY of 8%. British Land has completed a run of several retail park acquisitions for £240m, reflecting a blended NIY of 7.4%. SEGRO plc has agreed to acquire Tritax EuroBox plc, valuing the business at around £552m, and Starwood Capital Group has agreed a £673.5m cash offer to buy Balanced Commercial Property Trust LTD. Blackstone has completed a major refinancing of its iQ Student Accommodation platform with a £2.6bn loan. HMV has posted a “huge boost” in sales due to the Oasis reunion. Revenues shot up 526% week on week across the band’s full catalogue. John Lewis Partnership is seeking planning permission to redevelop a former warehouse site in Reading into a 215-unit BTR scheme. Legal & General has put the Slate Yard, Manchester 424-home BTR scheme up for sale with a price tag of £110m. Fusion Group has secured approval for its Langcross Court, Cardiff, PBSA scheme which will deliver 706 beds across 488 units. Ofgem has approved a licence for an 80 MW battery storage facility near Grimsby. Financed by BlackRock and KX Power Limited, the facility could store 160 MW hours, sufficient for the daily electricity consumption of 20,000 homes and would be one of the largest facilities in operation today. Mark Charlton – Real Estate Research Consultant at Waypoint #waypointAM #RealEstate #AssetManagement #ESG #BTR #PBSA #Debt #CapitalMarkets 

Three things to consider when entering the Property Deal of the Year 🤝🏆 The thriving world of deals is the backbone of the Thames Valley’s property sector. Ensuring that the property industry stays active and dynamic, the deals community is a crucial part of the region’s healthy economy. At the Thames Valley Property Awards 2024, we’re looking to name the Property Deal of the Year. Our independent judges are looking to select a nominated deal to take home the title based on how it has provided businesses with confidence and momentum to ensure that the region remains buoyant and relevant. But with so many deals taking place within the region every single day, what can you be considering to have the best chance of lifting the trophy? Here are three things to consider when entering the Property Deal of the Year... Continue reading... https://lnkd.in/eDnfhfDm Thank you to IBB Law, Boyes Turner, Morgan Lovell, Haslams Chartered Surveyors, B P Collins LLP, Diales - Expert Witness services and the rybull group for sponsoring and supporting this event. #TVPA24 #deals #acquisitions #property #events #awards #thamesvalley #finance #funding #investing #businessnews #businessintelligence

Last week eXp UK released the incredible news that established high street agents can now partner with the brokerage... However, that doesn't mean the brokerage is moving away from independent agents. You can still be the "name above the door" - launching your own business, choosing your own fees, where you operate and how you operate... All For £150 per month. (Yes you read that right £150) #estateagent | #property | #estateagency | #launchyourownbusiness