The High Street Group, a leading privately owned property developer based in Newcastle with developments throughout the United Kingdom, has just released its new corporate video. We consider the High Street Group to be one of our key partners and have found them to be an excellent partner in which we can comfortably introduce our investors to.
The High Street Group have successfully completed several funding cycles with its loan note investors and has a track record which speaks for itself.
Walled Gardens, Newcastle
Start date 21.10.16
Amount raised £740,000
Capital & Interest returned April 2017
Start date 26.09.16
Amount raised £2,607,500
Capital & Interest returned from May to July 2017 due to dates on contracts
Rutherford St, Newcastle
Start date February 2017
Amount raised £4,776,500
Capital & Interest returned July, August, October 2017 due to dates on contracts
John Street, Warrington
Start date April 2017
Amount raised £5,133,400
Due 21st Dec to 31st Jan 2018 due to dates on contracts
Liverpool St, Salford
Start date June 2017 Amount raised £1,988,000
Due April 2018
Westminster Works, Digbeth, Birmingham
Start date September 2017
Amount raised £6,200,000
Maturity date 40 weeks from date on agreement
The company made a profit of £26 million in 2016 and is currently working on projects worth close to £1 billion. Huge progress has been made by the High Street Group, they have more than 100 people employed and they have created a strong platform to create value for all involved.
The company has around 3,000 properties under construction or planned. There are so many opportunities for investors and with the High Street Group having delivered on a regular basis, they stand perfectly positioned to capture a significant amount of loan note investments.
High Street Group utilise investors funds in purchasing sites with full planning permission. They particularly focus on developments which are PRS Scheme approved.
What is a PRS Scheme?
The Private Rented Sector (PRS) is a classification of United Kingdom housing tenure as described by the Department for Communities and Local Government, a UK government department that has amongst its remit the monitoring of the UK housing stock.
Once a site has been purchased, the company will then utilise sales agents to sell the flats to homeowners and investors. The model is super simple and super efficient and this is why we love introducing our investors to this highly profitable investment opportunity.