Manchester property entrepreneurs launch integrated agency and investment firm
An integrated property agency and investment firm has set up shop in Manchester.
The new business, trading as Regency Residential, will identify, select, plan and develop sites owned by its strategic partner, Intro Developments.
The firm’s projects will produce standalone investment and homes, as they do not need investor cash for capital due to financial backing from private trusts and funds.
Regency Residential’s property pipeline comprises 4,500 residential units, including conversions and new-build projects. Some form part of schemes being sold to the public, while others are either in the planning stage or are due to go to planning.
The company’s managing director, Christopher Taylor, is supported by sales and marketing director Michael Fenlon, who previously worked for property investment business Knight Knox and London 2012 Olympic Athletes’ Village developer Get Living London / QDD.
Tara Homayounbod, meanwhile, has been appointed as Regency Residential’s marketing manager.
Chris Taylor commented: “Now is the perfect time to launch Regency Residential. We are Manchester-based, have a national and international focus, and boast a pipeline of property, with developments in the North West, Birmingham, Yorkshire, Scotland, Ireland, Bristol, London and the home counties.
“Regency Residential works in partnership with Intro Developments and is involved from the start of any project whether it is a commercial scheme, a conversion or a new build.”
He continued: “The developments are self-funded as they have the support of private finance, Trusts and Funds, enabling an offering of stand-alone homes or investments. Regency Residential only require a minimum payment of 10% on exchange.
“This is such a rarity, especially when compared with other companies in the investment market, as essentially our clients’ money is protected and not used to fund any of the build.”
Michael Fenlon said: “Regency has in place a team of expert property consultants and I’m excited to have joined.
“With both Chris and Tara, plus the rest of the team, we are going to make a genuine difference to both home seekers and investors, as we provide high-quality accommodation at an attractive price.”
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