Brick-Sand-Mortar operates within the Scottish residential property market and focuses on residential investment, ground works and rental management. It delivers a personal and tailored service to its customers, assisting in renting properties as an investment or reselling them for capital gains.
The MD, Graeme McEwan, graduated from Strathclyde Business School and over years has held senior positions in renowned residential lettings and property management companies. His Glasgow based letting agency, Be-Rented, once forming part of the Be-Home Group incorporating the property factoring firm Be-Factored & Be-Maintained which were sold in 2016, is now part of the Brick-Sand-Mortar business.
Investment in the residential property market, which is a focal point of the company, is a process that involves transforming a property in stages: re-thinking, remodelling, restyling or refining, in order to maximise profits.
Graeme McEwan said: “What we are seeing is a continual demand for investment opportunities in property as people can relate to it. As interest rates continue to offer no meaningful returns and pensions or other forms of long-term investment become less trustworthy, have unresolved legacy issues from the last financial crisis or are poor performing, demand for self-managed investment is soaring.”
Serviced apartments growing market
Serviced apartments are taking preference over hotels and the demand from individuals and organisations outstrips the supply. According to a report from Savills and the Association of Serviced Apartment Providers (ASAP), some operators are to increase the number of units by 122.3 % nationwide between 2016 and 2017 and the whole sector is to grow by 8.4%, yet not enough to cover the shortage.
“We recently acquired a building that required total refurbishment. We also looked at how we could create more revenue than the usual assured tenancy agreement and have had a roaring success with serviced apartments, which require a slightly different refurbishment strategy. This is just one of many options depending on client circumstances, appetite for risk or investment goals but one where we have proven experience” – said Graeme.