The London and South East-based property consultancy made up of five directors — who all previously worked together at a larger surveying practice — focuses on quantity surveying, project management, building consultancy and project/development monitoring services.
In an exclusive interview with Development Finance Today, Paul Durrant, director at Regency Grove Consultants (pictured above, right), said that he and the other directors saw an opportunity when they felt that quality seemed to be “taking a dip” in the market.
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“We [got] the impression [that in] the marketplace quality seemed to be taking a dip, so we saw that there was an opportunity.”
Despite ongoing economic and political uncertainty, Paul stated that there was still “a good opportunity to establish new relationships” in the sector.
“I think the gap in the market is recognising those developers that need assistance, and we feel we can provide that assistance at the early stages of a scheme to enable the information to be presented to the lender [in a] more detailed, clearer and more [accurate way].”
Regency Grove is also aiming to commence a “big recruitment drive” imminently, which will see the consultancy grow its team by “30–40%”.
“…We're probably looking for another three or four [staff members] for 2020,” Paul added.
“…This [would be] surveyors across the board, [but] ideally surveyors [that] are multi-skilled and have experience in different sectors and different service lines.”
Also pictured (l-r): Paul Fitzpatrick, Chris Leone, Ricky West and Ben Warren