August 16, 2018

CALA Homes supports shift to Gigabit Scotland

CALA Homes, one of the UK’s most upmarket major homebuilders, has agreed a partnership with the nation’s fastest broadband provider. It will offer residents day one access to gigabit broadband speeds across its new housing developments in West Scotland. The partnership will see Hyperoptic, the largest gigabit provider in the UK,

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Fatal Mistakes Made by Novice Investors

First time investors often make rookie errors upon embarking on their first venture into property. Whether it be overcommitting themselves, over stretching their budget, buying a property without high demands or choosing an unprofitable location, however these are easily overcome providing you have the right guidance. Several mistakes are becoming

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Latest Issue
Issue 323 : Dec 2024

August 16, 2018

The Leaders Romans Group announces yet another successful aqcuisition

The Leaders Romans Group (LRG) is thrilled to announce the successful completion of another acquisition – GPS Property Management. Based in Ravenshead in Nottinghamshire, the business has been owned and run by husband and wife team, Garry and Sarah Peacock, for the last eight years. The acquisition will see a new Leaders office open in Ravenshead, to provide sales and lettings services to local residents and to support the neighbouring Leaders’ branches in Mansfield and Nottingham. The original GPS Property Management staff will continue to manage their strong portfolio of over 400 tenancies, whilst building on the business’ excellent reputation by delivering exceptional customer care through our variety of sales and lettings services. Matthew Light, Group Mergers and Acquisitions Director at LRG, says: “Recent months have seen us continue to expand with numerous acquisitions, adding several new portfolios and branches in key markets across the UK. “We are delighted to have acquired this well-respected business and we welcome its staff members to the LRG community. We are confident that they will continue to provide their fantastic customer service to landlords and tenants in Ravenshead, Mansfield and the surrounding areas.” Having now completed on over 150 successful acquisitions, LRG is the property industry’s leading acquirer, adopting a hands-on approach to help business owners achieve their objectives. The vast majority of employees acquired with businesses are retained and go on to enjoy long and successful careers with LRG, taking advantage of the fresh opportunities LRG are able to offer them. For further information on selling your business to the Leaders Romans Group, contact Matthew via email at mlight@lrg.co.uk

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CALA Homes supports shift to Gigabit Scotland

CALA Homes, one of the UK’s most upmarket major homebuilders, has agreed a partnership with the nation’s fastest broadband provider. It will offer residents day one access to gigabit broadband speeds across its new housing developments in West Scotland. The partnership will see Hyperoptic, the largest gigabit provider in the UK, install its services across its seventeen new housing sites. The development locations include Strathaven, Newton Mearns, Glasgow, Bearsden, Cumbernauld and Larbert. Hyperoptic’s full fibre cables go all the way to the building, which is why it can offer symmetrical gigabit broadband services – over 22x faster than the average broadband speed in Scotland. Many competitor fibre networks only go as far as a cabinet in the street, relying on slow copper cables from there to the building; this means a lower speed that also varies according to where you live along the street. Hyperoptic is rolling out the largest gigabit network in the UK. Its full fibre network is already live in Glasgow and Edinburgh, passing over 15,000 homes and businesses.  This partnership with CALA Homes includes over 1,800 homes. Liana Canavan, Sales and Marketing Director for CALA Homes (West): “We pride ourselves on being renowned as a premium housebuilder. This reputation is built upon our commitment to give our customers the best living experience possible. This partnership addresses and exceeds the digital needs of our future residents. Being able to immediately get online, via the fastest broadband connection in the UK, is just phenomenal. This information will be incredibly well received by our future customers and will positively impact their move-in experience.” Sharon Maybury, National Manager, Hyperoptic, adds: “This partnership with CALA Homes enables us to expedite our Scottish expansion via installing our services at the build stage. Hyperoptic is committed to lead the charge to Gigabit Scotland. We announced our intention to expand our full fibre network to Scotland in 2015. Since then we have been working steadily to expand our footprint, with the aim of connecting hundreds of thousands of Scottish residents in the coming years.” The first development due to be completed is 21 Mansionhouse Road, a magnificent collection of 101 luxury apartments and penthouses in one of south Glasgow’s most sought-after neighbourhoods. For more information, please visit: https://www.cala.co.uk/homes-for-sale/west-of-scotland/21-mansionhouse-road About Hyperoptic Hyperoptic was founded in 2011 to shake up the UK broadband market and is now the country’s largest and fastest-growing gigabit network provider. It delivers the nation’s fastest broadband speeds of up to 1Gbps (1,000 megabits per second), which is over 22x faster than the UK average. Hyperoptic is a leader in “full” fibre optic technology, delivering fibre-to-the-premises (FTTP) not just fibre-to-the-cabinet (FTTC). Its future-proofed infrastructure is bringing transformational internet speeds and connection stability to millions of people across the UK. Hyperoptic works with property owners, developers and professionals, designing and installing dedicated fibre infrastructure to new buildings and existing developments. It focuses exclusively on urban areas, often in areas neglected by other providers and network builders. The company has been awarded ‘Best Superfast Broadband’ provider by the Internet Service Providers’ Association for the past six years in a row, and was crowned the ‘Most Innovative Provider’ in the 2017 Broadband Genie home broadband survey. For more information visit: www.hyperoptic.com

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Fatal Mistakes Made by Novice Investors

First time investors often make rookie errors upon embarking on their first venture into property. Whether it be overcommitting themselves, over stretching their budget, buying a property without high demands or choosing an unprofitable location, however these are easily overcome providing you have the right guidance. Several mistakes are becoming more prevalent across the UK property industry, so here is a list of the most common mistakes that are easily avoidable. Don’t Overstretch Yourself on Budget Cash flow is king across any business sector, therefore the moment you stretch yourself too far with your finances, you could find yourself in boiling water. Any property that doesn’t provide a steady income serves as no worthy investment, only a liability. Being too hopeful and enthusiastic can often lead to misjudgement by an investor in terms of house much rental income can be achieved from a property. This will bring down your estimated cash flow and risk leaving you with a negative cash flow property. Outlining a Strategy or Financial Model Often, many first-time investors fail to outline a strategy before embarking on any finalised investment deals. Performing a financial analysis on a deal can highlight whether the property is suited to you and allows investors to make astute decisions based on their desired goals. Property investment companies like RW Invest aim to make the journey through property investment as smooth as possible, attentive sales negotiators are on hand to ensure all your questions are answered from start to finish. Focussing on key investment hotspots throughout the UK, RW Invest focus on key investment hotspots throughout the UK to assure high rental income and excellent opportunity for capital appreciation. In the meantime, it is important for you to focus on your own individual goals and strategise how they can be implemented to guarantee the best investments. Financial modelling can include budgeting the costs of a development project against the expected income from the sale or rent of the completed dwelling, budgeting the expected rental income after all expenses such as management fees or water rates, determining the return on investment so it can be used as a comparison against other asset classes like stocks and shares and also helping to establish an estimated market value of the property after construction is completed or renovated based on the market currently and over the past 6 months. Research is Key It can be easy for individuals to get tricked by the promises for quick profit and enter the property investment industry with little necessary knowledge on what can be deemed as a prosperous opportunity. The solution is to read around your topic, perform as much research as possible. There is no excuse to be underprepared. Not Balancing Risk and Return Of course, like all types of investment there is always a small risk element. If an investment is sure to offer desirable returns, also analyse its risk profile and calculate how much money you should expect to lose if things turn upside down. Therefore, is it imperative you should never bite off more than you can chew, in other words, don’t invest more than you can afford to lose. Performing Due Diligence Quite often the novelty and excitement of purchasing a new property and becoming a property investor can quite often cloud the judgement of first time investors, leading them to skim over the business side of property investment and causing a buy that may prove to be an investment not worth their while. Due diligence for an experienced property investor can include a multiple of factors such as testing the build to ensure it is structurally sound and safe for tenants, make sure the property fits in your overall vision of the portfolio you’ve imagined, carrying out research and understanding of the current trends surrounding the local property market to ensure you thoroughly understand sale prices as well as typical rental incomes, and finally performing comparable research to justify whether your potential property is a worthwhile investment. Never make assumptions about the location or property, and do not act on the premise that markets are always efficient producing good returns all the time. Of course, every other investor has access to the same information as you, however it is up to you how you utilise it and how you can use it to your advantage to identify unmissable investments.

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