Could you help me out please and answer...where do you need help in your property business most right now? I'll share ideas in due course to help you!

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No agenda. Just a few people showing up and seeing where the conversation went. We managed to cover quite a bit of ground: Scottish cricket… if such a thing actually exists A few scar stories from property deals over the years Dodgy business partners Freehold purchases And a handful of other property rabbit holes Exactly the sort of conversation that tends to happen when people who have been around the industry for a while get together. Thanks to @Jamie Mckinnon @Martyn Pollock @Andy Dischamps @Russell Archer @Andy Everett for dropping by! These sessions are proving to be a really good way of getting to know the people behind the names in the group. If you’ve been meaning to join one, even popping in for ten minutes is worthwhile. You never quite know where the conversation might go.

We’re about to send this case study out to our wider network, but I wanted to share it here first. A developer approached us seeking funding terms for a 5-house residential scheme with a £14m GDV. The least aggressive terms required £1.23m equity and provided around 55% leverage. After reviewing the deal and speaking with lenders, we were able to restructure the facility to: • £9.64m loan • £225k equity required • 70% leverage So the developer will potentially be able to move forward with over £1m less equity into the deal. I’ve attached the funding comparison so you can see some options from the market side-by-side. If you're working on a scheme and want a second opinion on the funding structure, feel free to share it in the group or drop me a message. Always happy to take a look.

Something interesting happened on Coffee Hour on Wednesday. @Markus Cox joined the call. I haven’t spoken to Markus for about five years, but he joined the group after receiving one of the emails and suddenly we were talking deals again. It made me think how many people sit on our mailing lists where we assume an email equals a conversation. Most of the time it doesn’t. It took a smaller room like this to recreate that connection. @Andy Everett also dropped in briefly. Unfortunately the Scottish countryside internet didn’t quite cooperate and he dropped off the call. But it was almost a very interesting moment. Markus and Andy, I suspect there is some real crossover in what you’re both doing. If you see this, I’d highly recommend the two of you connect. Moments like that are exactly why this group exists. The right people are often already in the room. They just haven’t met yet. That’s why these calls are worth turning up to when you can. Have a great weekend all. More in store for next week 💪