Qandor Magazine | Issue No. 5 | September 2020

Page 64

PROPERTY DEVELOPMENT

WHO WOULD WANT TO BE A DEVELOPER? A LESSON IN BLOODYMINDEDNESS. JEREMY WORMINGTON Managing Director Ferrata Property Group www.ferrataproperty.co.uk

When I got into property, I always thought that I would want to get into larger developments after the experience of renovating my own home, and then branching into HMO’s - I was never one to shy away from a challenge! (Buy-to-let always seemed too small and slow). That aside, I was sensible and have always ensured I received the right education and I continue to have residential conversions. 064 – Qandor – Issue No. 5

Even after the education, the time, stress and sheer effort to get a project to the development stage has been a struggle, though I have learnt a great deal and made many new friends along the way. I am also stronger; this tale is of the joys of finding a project that stacked really well 2 years ago, to the moment when we thought we would have to fire sell at a loss, and finally to getting the development started and the generosity of many people along the way. Bridge House was an ugly office building in the centre of the lovely cathedral city of


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