Property survey leads to significant savings for Earthquake
Tuesday, 05 July 2005
Fusion Building Consultancy is continuing to expand its work with developers, after completing a contract to survey 130 properties for Earthquake (UK) Ltd in just six days.
The housing stock with a combined square footage of 98,300 was part of a property investment portfolio that Earthquake was considering and has now purchased.
Before committing, however, full structural and condition surveys were required, together with detailed measured and preparatory drawings, plans, costing and maintenance programme and photographic and video surveys.
A team of five took a week to complete the project. “The Earthquake contract was a real team effort,” said director Steven Jelfs. “We pulled out all the stops to complete the job in such a short time period.”
The investment paid off for Earthquake, with detailed measurements highlighting an inflated square footage figure supplied by the selling agent. When adjusted, this resulted in a significant saving on the purchase price of the properties.
Steve Woodward, project manager at Earthquake (UK) Ltd, said: “We have been very impressed with the speed and professionalism of the Fusion team and we will no doubt be talking to them again as we continue to seek further investment opportunities across the UK.”
Working throughout the UK on a broad spectrum of clients including Jessops, Rosemary Health Foods and The London Development Agency, we are looking forward to embarking on our latest project in Liverpool, delivering a development of 68 new two-bed apartments.