Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.
Mint Property Finance Launches Academy for Aspiring Developers
Mint Property Finance has launched the First Time Developers Academy, a new initiative aimed at individuals looking to enter the property development sector. The academy will provide training on development finance, focusing on what lenders look for in applications and how prospective developers can prepare before seeking funding.
The programme includes online resources, monthly training articles, and quarterly sessions featuring case studies and Q&A opportunities. Additionally, the academy will host twice-yearly networking events for participants.
The academy was launched by Mint Property Finance's head of credit, Sam Herd. According to the report, the initiative is designed to offer more than just financial support, aiming to equip first-time developers with practical knowledge and insight into the property development process.
For UK letting agents and inventory clerks, the launch of this academy may signal an increase in new entrants to the property development market, potentially impacting the volume and nature of rental properties and inventories in the future.
Source: Property Industry Eye