A leading North East law firm has partnered with a regional fund manager to offer free business support which will help SME builders and developers operating in the residential sector.
Commercial Law Firm, PG Legal has teamed up with regional investor FW Capital to launch a free event, The North East Property Development Forum. The breakfast seminar to be run by the partnership will take place on January 30th 2019 at the National Glass Centre in Sunderland.
The event aims to deliver comprehensive support and advice for local SME builders and developers operating in the residential sector in a bid to encourage the development of much needed new residential property in the area.
Phil Dean, director at PG Legal, said: “The North East Property Development Forum will provide support, guidance and information for those who are interested in building new homes, developing property or converting buildings in Sunderland and its surrounding communities.
“We will be providing our expertise on how to make a good return on investment, how to make a development appeal to buyers and how to correctly handle property tax.
“The Housing White Paper outlined that 300,000 homes needed to be built to keep up with demand, which means it’s all hands-on deck to increase supply. It’s not just about the big developers, there is plenty of opportunity out there for new or established local builders.”
The law firm will be providing information on how to make money from a development and ensure it is attractive to buyers as well as providing crucial tax advice from expert tax lawyer, Simon Briton. FW Capital will be providing information on what financial support is available and how to access it.
Tony Cullen, Investment Executive at FW Capital said: “The demand for quality housing keeps growing and there is a lot of support for smaller developers which many people aren’t aware of. The property development forum is an opportunity for people to learn about the funds which they can access to either get them started or continue their work in the development sector.
“We want to help local people and firms take full advantage of the funding which is available during this crucial time for the development of Sunderland City Centre and the region as a whole.”