{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"From Architecture to £1.5K per Sq Ft London Sites using Smart JV Deals with Michael Langley","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/668cf190d6a41d01e73b3ad6/1763708943239-2cd434b6-bde1-4d27-8126-347caeecabd5.jpeg?height=200","description":"

Ready to grow your property business without the hype? Start your free two-month membership trial with This Property Life today! https://bit.ly/this-propertylife-memebership

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In this episode of This Property Life, host Sarah Blaney sits down with Michael Langley, a small-scale property developer who has built his business through smart partnerships and a clear vision.


What You'll Learn:


Timestamps

[02:12] - Michael's transition from architecture to property development

[06:22] - Michael discusses meeting his business partner, Christian

[11:57] - How profit and project responsibilities are split in their JVs

[19:13] - Explanation of Special Purpose Vehicles (SPVs) and their operational structure

[23:55] - The cost breakdown of building in different areas

[31:24] - Case study of their current development project in Forest Hill, London

[42:03] - Challenges in construction costs and subcontractor management

[46:34] - Planning delays and the frustrations with under-resourced planning departments

[57:26] - Stress-testing deals to ensure investor returns even with market fluctuations

[59:47] - Michael’s advice for new developers


This Episode is Kindly Sponsored by:

Visit thispropertylife.co.uk for more resources, networking events, and industry insights.


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