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Small-Scale Developers Critical in Solving the Housing Crisis, Insists Investor

LendInvest, the lender and property investor, claims that smaller-scale developers have an important role to play in solving the housing crisis. This announcement comes as the company concludes its second Property Development Academy course.

LendInvest created its Property Development Academy to teach small-scale developers what they need to know in order to construct more homes.

The intensive and hands-on course, which is nonprofit, lasts for two days and takes 25 students through seven practical modules that cover the complete development process. The sessions are guided by academics and experienced advisors who know how to keep these developers on schedule and operating within their allotted budgets.

With the UK Government failing to deliver the number of homes promised, LendInvest claims that smaller-scale developers have a tremendous opportunity available to them. At the most recent Property Development Academy, the company said that these firms will be instrumental in tackling the housing crisis.

John Slaughter, the Home Builders Federation Director of External Affairs, said that the chronic shortage of available homes is a major concern in the UK. He pointed out that more small housebuilders are needed in the market and they need to grow if the goal of delivering more homes is to be met.

Mr Slaughter conceded that the housebuilding industry was not an easy professional endeavour and new entrepreneurs entering the field will benefit from opportunities like the LendInvest Property Development Academy.

 

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Ian Thomas, CIO and co-founder of LendInvest, added that the academy is giving property entrepreneurs the resources they need to launch their projects, helping them work through the challenges of obtaining land, securing finance, and finally building more homes to meet demand. The support that the Home Builders Federation has expressed for the course indicates the industry-wide demand to reverse the decline of smaller housebuilders and enable property entrepreneurs to succeed.

Mr Thomas said that with the Government preparing to publish a white paper on housing, LendInvest was encouraging the Housing Minister to support the smaller developers and investors who will be contributing towards the supply of new homes that communities all over the UK need.

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