NIGEL RETURNS TO HEAD OLD (NEW) COMPANY
Nigel Parsons has been named as the founding managing director of newly-launched housebuilder Allison Homes (www.allison-homes.co.uk) by parent company Larkfleet Group (www.larkfleetgroup.co.uk).
Allison Homes is the newest business within the group but the name has a history. Group CEO Karl Hick was at one time managing director of a company with the same name and Nigel Parsons worked for him there from 1992 to 1997 as site manager and later contracts manager.
Nigel subsequently went on to become construction director of Tay Homes and later managing director of Ashwood Homes, developing the business from a builder of 50 homes per year to one building more than 200 homes per year and increasing annual turnover from £3 million to £20 million in just two years.
In 2010 he rejoined Karl Hick, taking on a role as managing director of construction at Larkfleet Homes, the business which Karl founded in 2002.
Nigel said: “At Ashwood I was responsible for a number of initiatives. These included innovative construction systems which enabled us to sell up to 40 per cent of homes before they were actually built, strict site management to ensure that the presentation of our new homes aided our sales activity and ‘new technology’ such as wind turbines and ground source heat pumps. Meanwhile Karl was doing similar things at Larkfleet so I was delighted to join him again to take the business forward.”
At Larkfleet Nigel has been responsible for developing a ‘change culture’ and procedures which have improved the construction business.
Now he is taking on a new role as head of Allison Homes. Nigel said:
“Although legally and financially Alison Homes is an entirely new company, we are aiming to recreate the quality and customer service that made the original Allison Homes such a success.”
Karl Hick said: “One of the reasons that Larkfleet Homes has been so successful is that as a relatively small house builder we can give personal service and pay attention to the small details that make a house a home. But Larkfleet Homes is growing and it is therefore becoming difficult for management to have that ‘hands on’ role.
“So we are launching Allison Homes with its own management team led by Nigel and with its own staff to ensure that it can continue to deliver the quality that we feel is so important.”
Nigel added: “Allison Homes had an excellent reputation for quality throughout the 1980s and 1990s. Now we are bringing that back to life as part of the Larkfleet Group.”
Larkfleet Homes has several developments across the East Midlands and East of England including Bourne (Lincolnshire), Baston and Pinchbeck (Lincolnshire), Oakham (Rutland) and Peterborough and Whittlesey in Cambridgeshire which offer plenty of choice for those looking to purchase a home.
Allison Homes will shortly be announcing its own first development sites.
Away from work Nigel’s interests include weight training and karate. He is a karate instructor and approved British coach and recently attained his fourth Dan black belt.
He is also a competition-level clay pigeon shooter – an interest he shares with his 16 year old son who is already Lincolnshire cadet and junior champion.
LARKFLEET STAFF SNAP UP HOUSEBUILDER’S PROPERTIES
Properties by Larkfleet Homes (www.larkfleethomes.co.uk), the housebuilding arm of development company Larkfleet Group (www.larkfleetgroup.co.uk), are not just proving popular with members of the public – eight of the company’s employees have also recently purchased homes built by the company.
Ben Burge, Larkfleet Homes’ sales director, is the new owner of a property at Leighfield Park – part of Oakham Heights – Larkfleet’s major urban expansion of Oakham.
Four properties at the company’s Abbeyfields site in Bourne, Lincolnshire, have also been snapped up by Larkfleet staff.
Didie Kearns and Liz Browne both work as sales executives for Larkfleet, helping members of the public find their dream home. Now, they too have made the most of Larkfleet’s energy-efficient and high quality property offering and are on schedule to enjoy Christmas in their new homes at Abbeyfields.
Technical administrator Alison Lea and management accountant Katie Taylor have already moved into new homes at the Abbeyfields development.
Craig Templeman was taken on by Larkfleet Group as renewable energy development manager for group company Deepings Building and Plumbing Supplies (www.deepingsbuilding.co.uk). He is now responsible for the procurement of all products for group company Lark Energy, the UK’s leading developer of photovoltaic (PV) ‘solar farms’. Craig and his partner Hayley Franklin who also works for Deepings Building and Plumbing Supplies now call a Larkfleet-built property at The Coppice in Deeping St James ‘home’.
Larkfleet’s purchase ledger clerk, Lisa Grimes, is also the proud owner of a Larkfleet Homes property at its Glen Grange development in Pinchbeck and plans to move in early in the new year.
Larkfleet CEO Karl Hick commented: “It is always pleasing to see how popular our properties are with the general public. However, these recent purchases by members of Larkfleet Group’s own staff really go to show how highly our own employees rate the quality and value for money of our properties.
“I am delighted that so many employees have found their new homes in Larkfleet developments – it really is a testament to the value that Larkfleet Homes provides for homebuyers.”
Larkfleet has several developments across the East Midlands and East of England including Bourne, Baston and Pinchbeck (Lincolnshire), Oakham (Rutland) and Peterborough (Cambridgeshire) which offer plenty of choice for those looking to purchase a home.
NEW PROPERTY DEVELOPMENT CROWDFUNDING WEBSITE OPEN FOR ‘EARLY BIRD’ REGISTRATIONS
A new Stamford, Lincolnshire-based online investment platform is accepting registrations from investors seeking a unique opportunity to invest in property developments through the fast-growing medium of crowdfunding.
Called Build Backer (www.buildbacker.com) it gives investors the ability to invest directly in a property development project alongside a developer so they can enjoy the high returns and asset security associated with traditional property investing, without the high capital outlay, expensive professional fees or time.
Visitors to the website will be able to see the complete website, find out about the company and learn all about the advantages of property development for both investors and developers seeking to raise funds for their property development projects.
Build Backer founder Tom Ladds explained: “Once on the site potential investors will be able to register their details to receive a free guide to property development crowdfunding. To celebrate the forthcoming launch of Build Backer, ‘early birds’ who register on the platform now will also be the first to know when Build Backer is fully live, giving them access to an exclusive campaign offering a higher than average return and first charge security.
“In addition, fundraisers will get first mover advantage and can begin fundraising straight away while affiliates can begin introducing developers to the platform and begin generating their own revenue immediately, even while we’re still in the pre-launch stage.”
For developers Build Backer represents a serious alternative to traditional sources of financing for their projects. The Build Backer model gives them control of their loan. Developers can decide how much they need to borrow, for how long, on what repayment terms and at what rate of interest.
Build Backer is a property crowdfunding website for tangible property development projects, which makes it different from other crowdfunding opportunities. The crowdfunding industry is one of the UK’s fastest growing sectors. The industry value is expected to reach £1.6 billion this year and debt-based platforms like Build Backer account for 85 per cent of the market. Investors can choose a project to invest in and be a part of it right from the start.
In the first instance, the platform and the opportunities it offers to investors are open to high net worth individuals and sophisticated and experienced investors. Users of the platform have to confirm this before they can access the website and view campaigns. It is hoped that in the near future the platform will opened up to all classes of investors including retail investors.
For fundraisers, Build Backer crowdfunding provides access to a large capital resource without being reliant on just one, or a few, investors as they are with traditional financing models.
Tom Ladds said: “Fundraisers can access the finance they need on terms which are more suitable for them so they can remain in control of their own developments. This is the power of crowdfunding.”