Bill Stokoe (New Life Corporation)

Bill Stokoe (New Life Corporation)

01279 466468
Location: Bishop's Stortford

Property Investment, Development, Development finance, Investment Finance, mentoring, project management, Professional Services, Property Management, Property Consultancy, Landlord & Tenant, BMV, CDM Right Quote

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Last online	11th Feb 2013
Member since	13th Oct 2009
Number of views	4625
Number of posts	327
Number of testimonials	4
Meetings attended	121

Property investment

Property development

Investment & Development Funding

Property Investment mentoring

Cash Flow Protector

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INCREASE

New Life Corporation Ltd

Property Projects and Consultancy Services Delivered With Utmost Integrity

Value Proposition

To work with individual people, investors or an investment group to assist them in significantly increasing their net worth by presenting profitable property investment opportunities. It is our desire to help as many people as we can to gain financial Independence.

We are currently operating in international markets as diverse as Brazil, the United States, South Africa, UK, Spain, and Europe (Portugal, France, Spain). We provide a total turnkey service for investors from sourcing opportunities and finance, through to full refurbishment, development and letting of properties.

Our Mission Statement

At NLC, we serve our investors, clients, employees and business associates with the utmost integrity. It is our goal to fully understand the needs of our investors and clients and meet those needs by offering our expertise as well as the latest progressive technology in our industry. We always look to build lasting and mutually beneficial relationships, proving loyal to the trust placed in us.

We Strive to Serve

Serving the client is our main focus at NLC. Their needs are our top priority and we will tailor our services to complete client's unique projects on time and within budget.

NLC chooses to serve not only property investors and property owners, but also all those involved in our total scope of work, including our project managers, employees and subcontractors. We have created the most loyal, highly trained and experienced team of property profesionals, supervisors, field crews, administrative staff and subcontractors in the industry. Their loyalty stems from our commitment to integrity and recognizing individual accomplishments, enabling all to grow with our company.

In short we strive to serve our investors, clients, employees and subcontractors with integrity and recognition.

Experience and Credentials

Our team is made up of experienced property professionals with over 70 years of property investment & development expertise incorporating all of the professional disciplines:- Chartered Builiding Surveyors, Clerk of Works, Architects, Structural Engineers, Asbestos Specialists and Listed Building Specialists. Our directors and partners have resided in several countries on different continents, and we have established an extensive network of contacts and unique insights into several international property markets.

Between us we are fluent in over 5 languages and this fluency is a direct benefit we bring to the process of negotiation on behalf of investors. As qualified engineers and property professionals (including an MA degree), we have in excess of 40 years of expertise in technology and management consulting. One of our team has gained extensive international expertise as CEO of 3 international companies, and in financial markets as a Board member of a 2000-employee public company and through fundraising activities for several technology firms. He has also been a non-executive Director of several companies in the UK and Latin America.

Property, Project & Consultancy Services

Property Investment & Business Consultancy

i.Property sourcing and finance provision service for private investors requiring profitable investment opportunities.

ii.Inspection of properties on behalf of investors to give a full condition report as to the work that needs to be undertaken for refurbishment along with breakdown of anticipated costs.

iii.Professional Portfolio Review. Detailed analysis of investor's portfolios to ascertain if the portfolio is performing at maximum capability.

Property Consultancy / Mentoring

iv.Individual property investment mentoring and training for new & inexperienced investors.

Property Renovations

v.Renovating run down properties to bring them to a first class condition.

Property Development

vi.Development of new build properties.

Property Management & Maintenance

vii.Full management service including all aspects of property maintenance.

Project Management

viii.Full management of the refurbishment project on behalf of the investor that has purchased the property to make sure the project is finished on time and within budget.

ix.Selection and management of the refurbishment team.

x.Selection of materials and organisation of deliveries and payments.

xi.Full team of certified professionals from chartered surveyors through to structural engineers.

International Property Consultation, Land Sourcing & Finance Provision

I.As outlined above, tailored to individual investors requirements

II.Purchase of whole developments from developers

III.Off plan deals at early stage of development

IV.Land Sourciing and Joint Venture deals

V.High end, residential, leisure, commercial property & real estate market. We are not estate agents and rarely work with retail sales unless they form part of a wider relationship, project strategy or investor deal.

VI.Extensive land and eal sourcing capability.

VII.Extensive network of global sources of finance, both private and institutional

VIII.International expertise in real estate markets as diverse as Brazil, Bulgaria, Cape Verde, China, Cyprus, France, Portugal, Spain, Thailand, the United Kingdom and the United States.

IX.We are currently active in projects in six countries.

Professional Services Team

X.Architectural services

§Measured surveys, land site and property surveys

XI.Health and Safety

§Asbestos

§Access
CDM Regs

XII.Landlord & Tenant

XIII.Surveys

XIV.Dispute Resolution

XV.Party Wall

XVI.Project management

TRACK RECORD

LANDSOURCING ANDFINANCING

•Portugal: €57 million acquisition and development financing of 18-hole tourist project with hotel, spa, sports complex, and approximately 400 residential properties

•France: €53 million acquisition and development financing for the conversion and development of three 18-hole golf courses and substantial residential development. One of the golf courses is a top PGAcourse and centre of golf operations for the French PGA

•Brazil: Structuring of joint venture between top 10 Brazilian developer and Anglo-Portuguese developer, for the construction and sale of approximately 880 residential properties on a 220 ha. site in the North-East of Brazil

•USA: $135 million acquisition funding and joint venture structuring between developer/land owner, New Life & Illumina for 1,600 acre parcel of land in western San Antonio. Full permissions granted for mixed use commercial, residential, offices, data centres and retail units.

•Cape Verde: sourcing of 3 residential tourism projects, all beachfront, ranging from 6 to over 1,500 ha, and 14 to several thousand units, with GDVs from circa €5 million to the largest, valued by Colliers at €3.2 billion. Actively marketing circa 10 additional projects.

•Portugal: finance for development sites, including a 5 ha beachfront, 3 ha villa, coastal resort townhouse complex, inland mixed-used change of use and villa development site, and mixed used residential and technology park.

•USA: Several residential and condo projects with funding of $12-$45 million

•Spain: finance of high-end individual villa development

DEVELOPMENT

•United Kingdom: > 30 construction or refurbishment projects, between 8 and 40 apartments, of which three with Gross Developed Values (GDVs) of £1.6, £3.1 and £4.6 million, respectively, have been funded

END PRODUCT SOURCING

•Cape Verde: sourcing of product for several UKreal estate agencies and funds

•UK: Buy to let (BTL) product sourcing. Distressed real estate Below Market Value (BMV) for

•Portugaland Spain: exclusive off-plan sales negotiation, including entire developments

CONSULTING

•Design and architectural, fractional ownership consulting, business planning and property strategy, marketing and sales consultancy

•Added Value investment proposition proposal preparation

•Due Diligence

•Site Visits – measured Surveys

PROFESSIONAL SERVICES PROJECTS

•Mixed Use Portfolio in North London (2000- to date)Phased refurbishment of 47 shops with flats over for National Property Company including replacement upvc double glazing, upgrading of bathrooms and kitchens, provision of central heating and the complete internal and external redecoration. Contract sum in excess of £10m.

•Art-Deco Flats in Conservation Area (2003-2004) External and common parts refurbishment of 31 flats in Highgate let on assured shorthold tenancies, includes complete re-fenestration, external and internal redecoration, the installation of disabled access facilities and provision of marble cladding to the foyer. Contract sum in excess of £0.75m.

•Small Office Workshop Units North London (2003) The new construction of 5 traditional mews style 2 storey office buildings complete with new services, access road and car park. Contract sum in excess of £350K.

•Home Zone Improvements – Deptford (2004) Advising clients on “Home Zone Improvements” to 40 flats at Deptford Green includes resurfacing of car parks, planting, access arrangements and external lighting and drainage.

•Shell Works for Supermarket – North WestLondon(2003) Structural alterations combining 4 buildings to form the shell for a national supermarket chain. Works included replacement of structural beams, new service ducts and the specialist removal of deleterious materials. Contract sum in excess of £250K.

•Hackney & City of London Victim Support Unit– (2003) The complete internal refitting and refurbishment following a major fire. Services included negotiation of insurance claim, project management of remedial works and liaison with Local Authority Planning and District Surveyor. Contract sum in excess of £45K.

•Portfolio of 60 Houses in Multiple Occupation (HMO's) in East London. Mixed scheme including obtaining planning permission on houses that had been converted without planning permission, measured surveys, drawing up of plans, negotiating with enforcement officers, preparation and submission of planning documentation, liaison with Local Authrity Planning Officer and enforcement officers. – Contract Sum in excess of £500K

BELOW MARKET VALUE RESIDENTIAL INVESTMENTS

Small sample of some of our completed & current projects (not all as NLC)

Durham3 bed semi

Student Rental Property. Negotiated 10.8% off asking price from £85,000 to £76,700. Increased rent by 24% from £676 per month to 900 from July 2003 when the new tenants moved in.

Purchase Price £ 76,700 Rent = £900 pcm £ 18,000 Pa

OMV £140,000

Cost of Works £ 8,000

Capital Increase 82.% £ 63,300, (45.21% under OMV)

Bedlington 2 bed first floor Tyneside flat

Immaculate condition. Negotiated 16% off asking price from £45,000 down to £37,500 as they needed to sell quickly. Vendor agreed to give a gifted deposit of 15% from the £45,000 with cash back on completion of £750!

Purchase Price £ 37,500 Rent = £ 350 pcm £ 4200 Pa

OMV £ 65, 000

Cost of Works £ 0

Capital Increase 73% £ 27,500 (42.30% under OMV)

Ashington 2 bed terrace

Negotiated 26% off asking price from £45,000 to £33,000

Purchase Price £ 33,000 Rent = £ 300 pcm £ 3600 Pa

OMV £ 57,000

Cost of Works £ 2,000

Capital Increase 72% £ 24,000 (42.10% under OMV)

Lynemouth – 2 & 3 bed Tyneside Flats & 3 bed tce

Bought from one vendor. Negotiated 21% off asking price from £125,000 to £98,000.

Purchase Price £ 65,072 Rent = £ 823 pcm £ 9,876 Pa

OMV £ 91,000

Cost of Works £ 9,500

Capital Increase 40% £ 25,928(28.49% under OMV)

Ashington

Private sale. Negotiated 33% off OMV from £80,000 to £53,000.

Purchase Price £ 53,000 Rent = £ 400 pcm £ 4,800 Pa

OMV £ 85,000

Cost of Works £ 15,000

Capital Increase 60% £ 32,000 (37.64% under OMV)

Cheshunt

2 bed flat total renovation - Negotiated 21% off OMV from £140,000 to £110,000.

Purchase Price £ 110,000 Rent = £ 750 pcm £ 9,000 Pa

OMV £ 140,000

Cost of Works £ 10,000

Capital Increase 27% £ 30,000 (21.42% under OMV)

Bishop's Stortford

3 bed semi – new build & renovation of whole house

Purchase Price £ 63,000 Rent = £ 1750 pcm £ 18,000 Pa

OMV £ 245,000

Cost of Works £ 45,000

Capital Increase 280% £ 177,000 (73.75% under OMV)

Bishop's Stortford – current project 2 phase project

5 bed, 3 storey town house –

Phase 1 full renovation of whole house (completed)

Phase 2 plus new build 3 storey dweliing

Phase 3 Conversion of existing house and new property into 2 x 1 bed apartmentas and 2 x 3 bed maisonettes - plans & project schedule being drawn up currently –

Purchase Price £ 230,000

OMV £ 840,000

Cost of works £ 200,000

Capital Increase 267% £ 610,000 (72.61% under OMV)

I have been involved in business for over 30 years and having lost a business in the past I know how difficult it can be when you are faced with financial devastation. Losing a business or a home are some of the most stressful experiences anyone can experiene and having another person to help us through these times is invaluable.

New Life Corporation was formed in January 2003 to provide properties that were equipped to alleviate poverty distress and suffering for disadvantaged people. Having helped many people to secure a safe home environment we wanted to provide a total service to also assist anyone with money worries to find the best solution to help them break free from the downward spiral of debt.

We have met many people through our property business that were struggling financially, and have been able to help them by providing a safe home, and we want to go the extra mile and provide extra support if our tenants need it.

I have faced many circumstances in life which have been extremely difficult, devastating and could have easily finished me off if I had let them. However, being a stubborn male Geordie (a fellow from the North East of England) I have never let problems get the better of me and have always fought back when disaster has struck, which it has a number of times. These hard times have been the best for me and have brought me to where I am now. -

My main expertise is in property investment, development, project management and mentoring and I am a passionate believer that everyone deserves a good safe warm home to live in.

All of our business activities have a common theme and that is we are totally focussed in helping people to achieve greater things and overcome issues and problems. I am a great believer that no matter what problems we face in life there is always a person out there that could have the answer that we need. I love solving problems and helping people to achieve more than they ever thought possible.

There is gold inside of everyone waiting to be discovered. Everyone has the potential within in them to be world changers. It is amazingly rewarding to work with someone and then see them have a Eureka moment when the light of revelation suddenly dawns on them that they can in fact achieve what they thought was totally impossible.

If we always do what we have always done we will always get the same results. The truth is that if we always do what we have always done we will in fact get LESS THAN what we have always gotten because while we stand still, others could have overtaken us. We cant expect to keep doing the same things and achieve different results. Making small changes can have a huge impact on the results we experience. Don't be afraid of change it can lead to a very exciting life. Make a change today and don't be afraid. You will see amazing results.

I have been happily married to Helen for 14 years and we have two amazing boys - Joshua (11) and Luke (9). Helen is my anchor, my rudder, my best friend, my co director and my best and most honest critic (of course I always accept her comments and criticism with the best of attitudes!).