I’m more than happy to help a fellow NSC member, free of charge, to try and get this sorted. I’m a consultant QS so am used to these situations, albeit usually in £millions. If you want to forward me all the paperwork and a timeline, I’ll draft you a letter to move things forward.
Personally, I wouldn’t use him. If you decide to, suggest that you go with him to his trade suppliers and pay for the materials yourself, as this will make them your property when delivered. He’ll lose his margin trade vs retail, but that’ll be his choice.
It fails because construction contracts don’t cater for upfront payments. If the builder doesn’t have trade contract with his suppliers which normally state 30. day payments from delivery, he has cash flow problems
Construction Contracts don’t cater for upfront payments, unless specifically agreed. I would ensure that you enter into a Contract with the builder that clarifies payment terms, retention etc. I wouldn’t use a builder that doesn’t have sufficient cash flow to accept this.
This will primarily affect the buyers of new properties. Buying a new house is a bit like buying a new car as it will experience an initial depreciation as soon as you put the key in the door. This, in the main. is due to having to meet developers prices without the ability to make a lesser...
https://www.rightmove.co.uk/properties/122469551
Prices are crazy. 6 bedroom penthouse at Battersea Power Station. Think I’d prefer Dave’s place, but the penthouse would look great with a giant pig floating above it.
Michael Robinson said of Souness in 2016: "I found him a very personal, cuddly chap who was actually quite vulnerable about being a human being with emotions. To this day, he still tries very hard not to be this lovely cuddly person, when really he is."