What does a property developer do?
A property developer is someone who buys land or buildings and then improves them so that they can be sold or rented for a profit. Property developers usually work in the construction industry, and they may also work with architects and engineers to design new buildings or improve existing ones. In some cases, property developers may also be involved in marketing and selling the properties they have developed. While some property developers work on their own, others may work for a development company. Regardless of their size or structure, all property developers share one goal: to make money by developing land or buildings.
How many different property development companies exist in the United Kingdom?
There are a wide variety of property development companies in the United Kingdom, each with their own areas of expertise. Some property developers focus on residential projects, while others specialize in commercial or industrial developments.
There are also a number of firms that offer a full range of property development services, from site selection and design to construction and marketing. While there is no definitive answer to the question of how many property developers exist in the UK, it is clear that there is a robust and competitive marketplace for those looking to invest in property.
Difference between property development and construction
Development and construction are both essential parts of creating a new building, but they are two distinct processes.
Construction is the actual process of erecting the physical structure of the building, while development encompasses all the other activities that need to happen in order for construction to begin. This includes things like acquiring the land, obtaining approvals from regulatory bodies, and securing financing. I
n many cases, developers will also be responsible for managing the construction process itself. As a result, development is often seen as a more complex and time-consuming endeavor than construction. However, both development and construction are essential to creating a new building.
What are the benefits of working with a property development company?
When it comes to developing property, working with a professional property developer company can bring a number of benefits. Here are some of the advantage.
1. Access to expertise and experience:
When you work with a property developers, you can tap into their expertise and experience in the industry. This can be particularly helpful if you are new to property development or if you are tackling a large or complex project.
2. Access to capital:
Property development companies typically have access to large amounts of capital, which can be used to finance your project. This can be especially helpful if you are unable to secure traditional financing from a bank or other lender.
3. Increased efficiency:
A property development company can help streamline the development process, making it more efficient and less time-consuming. This can free up your time to focus on other aspects of the project, such as marketing and sales.
4. Reduced risk:
When you work with a property development company, they typically assume the majority of the risk associated with the project. This can help protect you from financial losses if the project does not go as planned.
5. Professionalism and credibility:
Working with a property development company can add a level of professionalism and credibility to your project. This can be helpful in attracting investors, tenants, and buyers.
The 10 best developers for those buying a home for the first time
1. Berkeley Homes
As one of Britain’s well-known property developers, Berkeley Group operates across London, Birmingham and the South of England. The company was established back in the 1970s and consists of many different companies, such as Berkeley Homes, St Edward, St George, St Joseph, St James and St William.
The Berkeley Group focuses on creating sustainable communities, whether that be city apartments or family-friendly neighbourhoods.
If you’re looking for a new build home, it’s likely that the Berkeley Group has a development suitable for you.
2. Barratt London
Barratt London is one of the biggest housebuilders in the United Kingdom, with developments located all over the country. The company was founded in 1958 and has since built over 100,000 new homes.
Barratt Homes is part of the Barratt Developments group, which also includes David Wilson Homes and Barratt London. The group was awarded Housebuilder of the Year in 2019 by What Mortgage.
If you’re looking for a new build property, Barratt London is definitely worth considering.
3. Crest Nicholson
Crest Nicholson is a house builder that was established in 1963 and is headquartered in Chertsey, Surrey. The company operates across the South of England and the Midlands and has built over 35,000 new homes since it was founded.
Crest Nicholson is known for its sustainable developments and has won numerous awards for its work in this area. The company was also awarded Housebuilder of the Year in 2018 by What Mortgage.
Countryside is an UK property developer that has over fifty years of experience and specializes in green space, sustainability, and urban regenerations. Countryside was founded London 1958 and since then has expanded its company to the South East, North West of England ,and the West Midlands.
In addition to providing country homes, we also build economical and exclusive housing for local businesses and housing groups through planning agreements, mixed use schemes,PRS housing ,and joint ventures.
If you want to buy a home that’s eco-friendly and in stylish community, Countryside is the developer for you.
5. Davidsons Homes
With over three generations of experience in homebuilding, Davidsons Homes is a family owned and managed company that has been committed to uniting people across the Midlands with beautifully designed properties for over fifty years now.
Davidsons Homes has developments located in Leicestershire, Nottinghamshire, Derbyshire, and Lincolnshire. The company was founded in 1963 and since then has built over 8,000 new homes.
Davidsons Homes is a great choice if you’re looking for a developer with experience and a commitment to quality.
6. Bellway Homes
Bellway Homes is a premier house builders in the United Kingdom. It is based out of Newcastle and operates nationwide. New homes built by Bellway always adhere to three key pillars – quality, service, and trustworthiness.
Bellway was established in 1946 and since then has built over 100,000 homes. The company is part of the FTSE 250 index and is a member of the Home Builders Federation.
If you’re looking for a new build properties from a reliable and trustworthy developer, Bellway Homes is a great choice.
7 . St George
St George is one of the Berkeley Group’s companies, which is well-known in Britain for being a property developer. The Berkeley Group operates across London, Birmingham and the South of England; it was founded during the 1970s.The group has several companies under its wing – along with St George there’s St Edward, St Joseph, St James and St William.
St George is dedicated to constructing dependable developments all throughout London. Some of these buildings include apartments, penthouses, and sometimes even leisure or retail facilities.
8 . Fairview New Homes
Fairview New Homes has been building quality homes in London and the Home Counties since 1961. Their developments include detached family homes, city apartments, and more in well-connected locations.
Fairview New Homes develops everything from small groups of houses in rural areas to large regeneration projects with hundreds of apartments. They also always try to engage with and support the local communities where they build new homes.
The company frequently visits schools to talk with children about their experience in the housebuilding industry and donates money to various community groups.
9. Avant Homes
Avant Homes strives to continuously build innovative and high-quality homes in central Scotland, the north east of England, Yorkshire and the Midlands. The company was established in 2006 and is currently one of the fastest growing housebuilders in the UK.
Avant Homes has built over 5,000 homes since its establishment and was named Large Housebuilder of the Year at the Scottish Home Awards in 2016. The company is also a five-time winner of the WhatHouse? Award for Best Customer Service.
If you’re looking for a developer that builds quality homes and cares about its customers, Avant Homes is a great choice.
10. Lovell Homes
Lovell Homes is a UK property developer that creates new-build apartments and houses across the country, with a focus on sustainability, quality design and customer service.
Lovell seeks to help first-time buyers get on the property ladder with a range of incentives that make purchasing a property more affordable. By doing this, Lovell aims to build not just homes, but communities.
The company was established in 2008 and has since built over 4,000 homes. Lovell is a five-star rated housebuilder by the Home Builders Federation and has won numerous awards for its developments.