BTR is surging in popularity in the UK property sector. Yet for developers and housebuilders BTR is a minefield; having to plan and include suitable amenity space, bigger lifts, central metering and much much more.
Not only do Kooky buy off-plan developments, but we are also actively seeking to purchase 'build to sell' developments either during or after construction, making the whole process quicker and easier for developers and housebuilders.
We don’t accept what’s generally accepted just because it’s OK and it’s our mission to challenge and change anything that slows or stalls the property purchase and construction processes. At Kooky we're empowered by questioning the status quo and removing friction wherever we can.
So, what if developers and housebuilders could sell their soon to be completed development and get a 30% deposit to help with funding and construction? What if offers were made with full board approval and were not subject to RICS Red Book valuation? What if a buyer had a proven, user-friendly legal contract, ready to issue the moment the deal is agreed?
We believe this kind of Kooky thinking is the key to better and simpler BTR.
As part of Delph Property Group, who have 70+ years’ in the residential market and have purchased 1500+ units since 2013, we have £500m to invest by 2022. So, if you’re a developer or housebuilder with a proven track record and a project of up to 300 units that we can buy during or after construction, we should talk.