Builder Vetting Tips Property Developers Must Use to Prevent Major Project Delays & Financial Losses

Ready to unlock your Property Investment game in 2025? Grab your FREE copy of our Buy-to-Let market guide today! https://bit.ly/buy-to-let-hotspots-guide-2025 —————————— In this episode, Nick and Caroline Claydon, Director at Archibald Marckay Group Ltd. get into a candid conversation about the realities of working with builders in property development. With years of experience and plenty of lessons learned, they share the honest truth, from rogue traders to costly mistakes, and how to safeguard yourself when starting out. Key Takeaways:Don’t rush the builder selection, take your time to do background checks, ask for referrals and trust your gut.Always inspect previous work; a friend’s "great builder" might not meet your standards.Avoid paying large sums upfront, If possible.Good builders exist: Protect them and the relationship. Timestamps: [04:09] - Admitting mistakes and learning from them [07:18] - Where to find builder recommendations [15:30] - Working with a newly qualified plumber. [24:43] - Common red flags: upfront payments and project ghosting [37:25] - Choosing speed over quality leads to regret [45:07] - Long-term perspective. This Episode is Kindly Sponsored by: Visit thispropertylife.co.uk for more resources, networking events, and industry insights. Follow Caroline Claydon Socials:Instagram: https://www.instagram.com/carolineclaydon.property/  LinkedIn: https://www.linkedin.com/in/caroline-claydon-property   Facebook: https://www.facebook.com/carolineclaydon25/ Website: https://www.carolineclaydon.com/ Twitter: https://x.com/carolineclaydon  Follow This Property Life Podcast on Socials:Instagram: https://www.instagram.com/thispropertylife/# Facebook: https://www.facebook.com/profile.php?id=61564457166712&locale=en_GB LinkedIn: https://www.linkedin.com/company/this-property-life-podcast/about/ Tiktok: https://www.tiktok.com/@thispropertylife?lang=en Youtube: https://www.youtube.com/channel/UCtmPj98bC6swNuYRCaUGPUg Twitter: https://x.com/propertylifepod  Hosted on Acast. See acast.com/privacy for more information.