Residential property
Residential property, bought and held on the company’s own account.
Simon James New Homes Limited buys and sells its own real estate.
The company acquires residential property as principal, in its own name, holds it as an asset of the company, and sells it as the owner. It is a party to each of those transactions.
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In short
Property is acquired, held and sold, and in each case the company acts as principal, for itself. Purchases and sales are carried out through solicitors in the ordinary way, and the terms of each are agreed before it completes.
A company that deals in its own real estate is straightforward to identify and straightforward to deal with. This site sets out what it does and how to reach it.
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What the company does
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Acquisition
The company considers residential property offered to it, whether by the owner directly, by an agent acting for the owner, or by another property company.
Where it decides to proceed, it buys as principal in its own name. Price, what is included and the intended timetable are settled first, and the purchase itself is carried out through solicitors in the ordinary way.
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Holding
Property bought by the company is held as an asset of the company. It is kept secure, kept in repair and kept properly recorded in the company’s books, and whatever falls due on it is paid when it falls due.
Where work of that kind is needed, the company instructs professionals for the particular property. Correspondence about a property the company holds goes to the registered office.
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Disposal
When a property is to be sold, the company sells it as the owner. A buyer’s solicitor deals with the company’s solicitor, and title, tenure and the contents of the sale are established by the usual searches and enquiries.
Availability is confirmed on request, at the time of the enquiry. If you want to know whether a particular property is available, ask.
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Correspondence the company receives
Property offered for sale
Details of a residential property whose owner, or whose agent, would like the company to consider buying it.
Transactions in progress
Correspondence from solicitors, conveyancers and surveyors instructed on a purchase or a sale the company is party to.
Company particulars
Requests from suppliers, professional advisers and credit assessors for the company’s registered details.
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Get in touch
The company can be reached by telephone on +44 20 4577 2654, by email at accounts@simonjamesnewhomes.co.uk, or by post to the registered office at Beaufort House 29 Oakfield Road, Clifton, Bristol BS8 2AT.