by Paul Higgs
<p>Inside Property Development is a no-nonsense show that rolls up its sleeves and digs into how the world of land, planning and property development really works in practice, providing rare access industry insiders and valuable insights into real-world development deals, as well as keeping you up to date with the latest industry news. </p> <p> </p> <p>Colourful and at times controversial, the show focuses on how to do development the right way and aims to inspire and empower developers of all levels, as well as other professionals in the both the private and public sectors, to work together to build more and better homes that we can all be proud of.</p> <p> </p> <p>Connect with us on our socials for more educational content to help you achieve success in development.</p> <p> </p> <p>Millbank Land Academy Website: www.millbanklandacademy.co.uk</p> <p>Millbank Group Website: www.millbankgroup.co.uk</p> <p>Connect on LinkedIn: www.linkedin.com/in/paul-higgs</p> <p>Connect on Facebook: www.facebook.com/paul.higgs.50</p> <p>Join our community on Facebook: www.facebook.com/MillbankLandAcademy</p> <p>See all episodes on YouTube: www.youtube.com/@millbanklandacademy1266 </p> <p><br><br><br></p>
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Publishing Since
6/7/2024
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April 29, 2025
<p>For this episode, Paul and Lewis Herbert sit down to discuss the root causes of the UK current housing crisis and how the problem can be solved. For decades, Lewis has worked to tackle homelessness and the housing crisis.</p> <p><strong>KEY TAKEAWAYS</strong></p> <ul> <li>After the war, successive governments focused on housing. Millions of council<br>houses and good quality private homes were built.</li> <li>The UK has not been building enough homes for about 50 years.<br>The private sector has not been given the necessary levers and incentives to be able to build more.</li> <li>Planning at the county level for large-scale development would be a more effective approach.</li> <li>Many housing associations want ideal tenants, so the homeless do not qualify.</li> <li>In countries where house prices remain reasonable, rent is actually affordable.</li> <li>Even in Cambridge, where thousands of homes have been built, there is still not<br>enough housing. In the 90s, the average cost of a home was 3 times a family´s income.</li> <li>In 2021, it was 9 times their household income.</li> <li>The economy is damaged because people can no longer afford to move for work.</li> <li>There are a lot of potential buyers, but very few that can afford to buy.</li> <li>Intensive development does not have to mean sub-standard or small homes.</li> <li>New techniques enable faster building.</li> </ul> <p><strong>BEST MOMENTS</strong><br>“The people that suffer the most are on the bottom rung of the ladder… some are forced into temporary accommodation.”“We need many more small house builders to solve the housing crisis.”<br>“In 1976, the tap was turned off for social housing.”<br>“Land banking isn´t really a thing.”<br>“We have failed this generation.”</p> <p><strong>ABOUT THE GUEST</strong><br>https://www.linkedin.com/in/lewis-herbert-84378110<br>Dave Hughes episode - https://www.youtube.com/watch?v=XyKp-0P730s<br><strong></strong></p> <p><strong>ABOUT THE HOST </strong><br>Paul Higgs is a Chartered Planning and Development Surveyor with 40+ years&#39; experience in land, planning and development and a 100% success track record in winning planning consents.<br>Paul undertook his first refurb project when he was just 17 and then worked his way up from labouring on building sites to becoming Head of Land for renowned plc housebuilder, Barratt Developments. He managed to escape the corporate world in 2002 to set up what is now a multimillion-pound award-winning property development company, Millbank Group.<br>In 2013 Paul founded the Millbank Land Academy, the UK’s first training company dedicated to property development; to teach established and aspiring developers the insider secrets the big housebuilders don’t want you to know! <br>Paul is also a founding investor and former board director of the industry-leading PropTech Co, LandTech, and has lectured on Advanced Development Valuations on the MSc Property Development at London South Bank University.<br> <br><strong>CONTACT METHOD</strong><br>LinkedIn: https://www.linkedin.com/in/paul-higgs<br>Millbank Land Academy: https://www.millbanklandacademy.co.uk<br>Instagram - https://www.instagram.com/paulhiggsofficial<br>YouTube - https://www.youtube.com/@InsidePropertyDevelopment</p>
April 22, 2025
<p>In this episode, Paul talks to Michael Langley, an architect turned developer, who started his career in London designing high-end buildings, extensions and basements. During COVID he decided to transition into development. He has already delivered projects and has several others in the pipeline.</p> <p><br><strong>KEY TAKEAWAYS</strong></p> <ul> <li>It is not the job of the architect to know everything about development. Their training does not cover all aspects of the processes used to construct a building.</li> <li>Architects that have the right experience will use what they know to inform their<br>design process e.g. If they have repeatedly seen a building feature rejected at the<br>planning stage they will not include it.</li> <li>Developers need to give their architect a proper brief, something that rarely happens.</li> <li>Complex designs, e.g. Roofs with funny angles look good but cost more.<br>The timber frame method enables you to get watertight faster and have more trades on site earlier</li> <li>The unintended consequences of legislation changes is making it increasingly<br>difficult to find viable deals, but they are still out there.</li> <li>Focus on off market deals, connect with landowners and build a pipeline of deals. Be patient, this takes time.</li> </ul> <p><strong>BEST MOMENTS</strong><br>“You´ve got to factor so much more into your design process than just hitting the brief.”<br>“Its just as important to instruct your consultants correctly and provide your architects with a proper brief.”<br>“We managed to de-risk it slightly.” “They really don’t understand the impact of a lot of the s**t we have to deal with - the Section 106 agreement is a classic example.”<br>“We've got to make deals viable. If we can't create a certain land value the housing will not get created.”</p> <p><strong>EPISODE RESOURCES</strong><br>https://www.linkedin.com/in/michael-langley-mla<br>https://www.instagram.com/mlangleyproperty</p> <p><strong>ABOUT THE HOST </strong><br>Paul Higgs is a Chartered Planning and Development Surveyor with 40+ years&#39; experience in land, planning and development and a 100% success track record in winning planning consents.<br>Paul undertook his first refurb project when he was just 17 and then worked his way up from labouring on building sites to becoming Head of Land for renowned plc housebuilder, Barratt Developments. He managed to escape the corporate world in 2002 to set up what is now a multimillion-pound award-winning property development company, Millbank Group.<br>In 2013 Paul founded the Millbank Land Academy, the UK’s first training company dedicated to property development; to teach established and aspiring developers the insider secrets the big housebuilders don’t want you to know! <br>Paul is also a founding investor and former board director of the industry-leading PropTech Co, LandTech, and has lectured on Advanced Development Valuations on the MSc Property Development at London South Bank University.<br> <br><strong>CONTACT METHOD</strong><br>LinkedIn: https://www.linkedin.com/in/paul-higgs<br>Millbank Land Academy: https://www.millbanklandacademy.co.uk<br>Instagram - https://www.instagram.com/paulhiggsofficial<br>YouTube - https://www.youtube.com/@InsidePropertyDevelopment</p>
April 15, 2025
<p>In this episode, Paul is joined by Richard Stone, a chartered construction manager and cost consultant. He also trains people in project management and turns them into experienced developers which enables them to grow their wealth far quicker than they would if they worked a salaried job with a traditional pension.</p> <p><br><strong>KEY TAKEAWAYS</strong></p> <ul> <li>Working in construction is an excellent gateway into development and building wealth quickly.</li> <li>Use the most cost-effective fast way to get the roof on. </li> <li>Every week you can shave off of construction time is worth 4k in profit.<br>Being uber organised and having everything you need on site, right down to the right size cable ties massively improves efficiency and build quality.</li> <li>Pay decent rates to tradespeople who work efficiently, to a high standard and are self-managing.</li> <li>If you are doing a commercial property, strip it out before determining the final conversion cost.</li> <li>Risk is a good thing, that is where the profit is. But only if you identify it and already have a viable plan in place to mitigate it.</li> <li>For many projects, JCT contracts are helpful, e.g. to raise finance and secure clients.</li> </ul> <p> </p> <p><strong>BEST MOMENTS</strong><br>“You can't turn up at Twickenham on a f**king polo pony … you are there to play rugby….every development is different”<br>“If you don't have risk, you can't have opportunity.”<br>“I wouldn't suggest that anybody that's new to development start by trying to deliver their own development, it will fail.”<br>“You need to be an octopus to spin the amount of plates you’ve got to spin.”</p> <p><br><strong>EPISODE RESOURCES</strong><br>https://richardmstone.com<br>https://www.hbf.co.uk/news/hbf-report-state-play-challenges-and-opportunities-facing-sme-home-builders</p> <p><strong>ABOUT THE HOST </strong><br>Paul Higgs is a Chartered Planning and Development Surveyor with 40+ years' experience in land, planning and development and a 100% success track record in winning planning consents.<br>Paul undertook his first refurb project when he was just 17 and then worked his way up from labouring on building sites to becoming Head of Land for renowned plc housebuilder, Barratt Developments. He managed to escape the corporate world in 2002 to set up what is now a multimillion-pound award-winning property development company, Millbank Group. <br>In 2013 Paul founded the Millbank Land Academy, the UK’s first training company dedicated to property development; to teach established and aspiring developers the insider secrets the big housebuilders don’t want you to know! <br>Paul is also a founding investor and former board director of the industry-leading PropTech Co, LandTech, and has lectured on Advanced Development Valuations on the MSc Property Development at London South Bank University.<br><strong> </strong><br><strong>CONTACT METHOD</strong><br>LinkedIn: https://www.linkedin.com/in/paul-higgs<br>Millbank Land Academy: https://www.millbanklandacademy.co.uk<br>Instagram - https://www.instagram.com/paulhiggsofficial<br>YouTube - https://www.youtube.com/@InsidePropertyDevelopment</p>
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