Broadwing Homes is a dynamic and design-focused developer. We aim to create beautiful, affordable homes that stand out from the competition.
We are able to access a wide array of different skills, experts, investors and opportunities to enable us to identify and swiftly secure development opportunities throughout London and the Home Counties, producing eye-catching homes to meet a growing demand.
52 High Street
South London HA5 5PW
- Beautiful Homes
- Affordable luxury
- Enhancing lifestyles
- Building partnerships
- Built on trust
Introducing our brand new Ask Our Expert series we asked Property Developer Gold Member Broadwing Homes to share three insightful tips with us. Today we share with you their first tip.
June 13, 2019
Four Key Points
Broadwing Homes are a team of very experienced property professional and developers, having worked with members of the team. We at, Bond Finance Ltd, are a city based firm specilaising in all aspects of commercial finance. We are able to obtain for them, the most competitive commercial finance terms, as Broadwing have the proven track record as developers, strong financial assets and credentials, that banks and institutions need to see. Any development appraisal that we have been sent clearly demonstrates that Broadwing have a comprehensive knowledge is all of the essential costs that can cause other developers issues in obtaining competitive finance and delivering a profitable project.
The four main points which Broadwing always consider correctly and most developers do not are:
• Paying the correct market price and not an over inflated price,
• The build costs,
• The professional fees
• Assessing the end Gross Development Value.
If these points are not worked our correctly, they often eliminate any profit and we know from working with Broadwing they know how to evaluate correctly.
They are often contacted by other developers who are in stress or distressed to help them restructure or refinance to enable them to not be taken over by the banks when lending covenants are breached.
I have had the pleasure of working with Broadwing Homes designing their Interiors and Marketing on various of their developments. Their team’s expertise across all aspects of property development is unique and incomparable in this competitive market. I highly recommend their team and services, especially if you wish to work or invest with developers that prioritize client relationships and produce quality and timeless homes.
I introduced Broadwings to a potential development in Henley. Within three days they had visited the site, assessed its value and written a highly professional proposal to the owner via the agent.
This is the speed with which developers have to move in a highly competitive market.
I would not hesitate to work with Broadwings again.