Huge opportunity to build on green belt
The UK government have today announced that they plan to make green belt land available for the construction of 275,000 new homes.
While the British public show concern at the figure, the reality is that we will be lucky if 50% of these houses actually get built.
The amount of land that is available isn’t the problem. In the UK, there is currently a lack of skilled laborers available to the large development companies.
While this is a problem for them, it is of a benefit to smaller scale developers.
These developers have the ability to construct blocks of houses quickly for a record amount of profit, as you can see from our many successfully completed projects.
Hunter Finance can support you through your development with our expertise.
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Cheaper alternatives to green belt
Currently, only 12% of land within England is green belt. This number looks set to dwindle if the current trend of green belt construction actually takes place. Something that is highly unlikely. While the housing crisis does argue a strong case for the requirement of this number of new properties, we believe that there are other ways to tackle the current situation.
Working alongside developers we have seen the transformations that are possible.
Old dilapidated properties and commercial buildings can be developed into marketable properties that are ideal for the next generation.
Such developments can turn unwanted property into family houses or flats. Each project offering the developer a strong return on investment.
While the case is there for construction on green belt land, perhaps developers should be looking towards the current urban sites that are available to them. After all, there is far more potential for profit in converting one property in three. Click here for more pros and cons.