Looking back at six years of being in the 42 under 42 alumni

8th October 2018 – As the new class of Insider’s 42 under 42 celebrate tonight at an exclusive dinner, with successful entrants including Neil Higson of Wildbrook – a commercial real estate consultancy we helped to launch last year – CEO Mark Hawthorn looks back at six years since he entered the 42 under 42 hall of fame in 2012.

Where was your business at when you were entered into 42 under 42 six years ago?

When we were entered into 42 under 42 in 2012, we were targeting a profit of £1m for 2013 and actually achieved £1.2m.  This year our portfolio will clear £50m and we’re targeting £100m within the next 18 months.

What’s changed since then?

We have grown our portfolio massively,  we’ve also become an FCA authorised fund manager, developed and sold aesthetics business (ThermaVein) and have almost £1bn sum insured.  In 2017 we launched Landmark Development Solutions which we feel is market changing in its ability to allow developers to get on site and create more housing supply – it’s certainly been a busy few years!

Any words of wisdom for the class of 2018?

Be brutally honest with yourself – a lot of people get caught up with a bit of success and hubris creeps in and then it’s all downhill from there.

Claire Hextall

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Looking back at six years of being in the 42 under 42 alumni

8th October 2018 – As the new class of Insider’s [...]

Looking back at six years of being in the 42 under 42 alumni

8th October 2018 – As the new class of Insider’s 42 under 42 celebrate tonight at an exclusive dinner, with successful entrants including Neil Higson of Wildbrook – a commercial real estate consultancy we helped to launch last year – CEO Mark Hawthorn looks back at six years since he entered the 42 under 42 hall of fame in 2012.

Where was your business at when you were entered into 42 under 42 six years ago?

When we were entered into 42 under 42 in 2012, we were targeting a profit of £1m for 2013 and actually achieved £1.2m.  This year our portfolio will clear £50m and we’re targeting £100m within the next 18 months.

What’s changed since then?

We have grown our portfolio massively,  we’ve also become an FCA authorised fund manager, developed and sold aesthetics business (ThermaVein) and have almost £1bn sum insured.  In 2017 we launched Landmark Development Solutions which we feel is market changing in its ability to allow developers to get on site and create more housing supply – it’s certainly been a busy few years!

Any words of wisdom for the class of 2018?

Be brutally honest with yourself – a lot of people get caught up with a bit of success and hubris creeps in and then it’s all downhill from there.

Claire Hextall

LDS Appoints New Head of Business

28 September 2018 – Landmark Development Solutions (LDS) – the innovative [...]

LDS Appoints New Head of Business

28 September 2018 – Landmark Development Solutions (LDS) – the innovative residential development underwriting concept from Landmark Investments Group – has appointed Ian Barber as head of new business.

Ian has a long-established property background, most recently running Hunters flagship branch in Manchester. He will be working alongside CEO Mark Hawthorn in delivering this unique offering to developers.

Mark Hawthorn CEO of Landmark Investments comments: “This is a very important hire for LDS.  We launched the company last year and have had a growing stream of interest from developers and lenders.  Ian will ensure that in addition to managing the current and growing demand across the North West, we can drive the concept nationwide.

“Our main focus is on SME developers, typically developing 15-60 units per scheme or phase, with a GDV between £3million and £20million.  

“We find this is a particular sweet spot as funding can be expensive and hard to come by due to the speculative nature of development.   Our offering removes all pricing and demand risk changing the profile of the scheme enabling lenders and developers to confidently move ahead with new housing schemes.

“SME’s are generally experienced and highly capable, but without certainty over sales, it can be a leap of faith that both they and their lender are unwilling to take.  LDS removes this uncertainty allowing developers to get on site and create more housing supply.”

LDS de-risks entire schemes, by underwriting sales, whist the developer retains the ability to sell at open market value and generate return.  If there are unsold units at the end of the development, LDS will step in to complete ensuring the developer and their lenders a clean exit.

Ian Barber added: “I’m delighted to join LDS.  The concept behind the solution is so unique it’s an incredibly exciting opportunity. 

“With the government’s target to deliver 300,000 new homes a year, SME developers are the key to achieving this.  I believe that LDS will enable them to get their developments off the ground and move onto the next project efficiently.

“Speaking to developers, lenders and advisors, the initial view can be that the concept is too good to be true, but, after understanding as to how it works, all agree that it is market changing in its ability, and moreover, there is nothing comparable.

Concluded Mark: “We are currently active on a number of housing sites, in towns and suburbs across the North West, working with a range of construction companies, developers, local authorities and lenders.

“We have big plans for LDS, in addition to hiring Ian we are looking to appoint further senior hires in due course as we roll out nationwide.”

Claire Hextall