Builders Perfection Obsession | Steve Hammond | BIG Property Podcast Ep 72

Join us as we sit down for the latest Big Property Podcast with Steve Hammond, Director of New Home Company, a premier design and build firm dedicated to creating exceptional homes in carefully chosen locations. With a background at Rolls Royce, Steve brings a legacy of precision, quality, and attention to detail into the world of property development. Learn how his unwavering commitment to excellence, best practices, and meticulous craftsmanship sets New Home Company apart. Discover their vision of building homes beyond expectations and their passion for continuous improvement. At New Home Company, they don’t just build houses—they create homes. Tune in for this inspiring conversation!

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00:00:00 – Introduction to Steve Hammond’s £10M Journey
00:01:30 – Early Days: From Children’s Nurseries to Property
00:03:20 – Transitioning to Building and Quality Ethos
00:05:45 – The Power of Taking Risks in Business
00:08:10 – Building a Reputation in the Local Market
00:10:00 – Scaling Challenges in a Building Business
00:12:30 – Discovering Networking and Its Impact
00:15:00 – The Shift from Building to Property Development
00:17:20 – First Development Project: The Petrol Station
00:19:40 – Overcoming Planning and Regulatory Challenges
00:22:10 – Lessons in Quality and Development Details
00:25:00 – Financial Strategies for Property Growth
00:27:30 – Networking as a Tool for Scaling
00:30:00 – Systemizing Processes for Business Success
00:32:40 – Learning from Mistakes: Retaining Properties
00:35:10 – Building a Portfolio Alongside Developments
00:37:40 – Insights on Apartment Layouts and User Needs
00:40:00 – Lessons in Managing Costs and Expectations
00:42:30 – Collaborating with Architects and Councils
00:45:00 – Education and Mentorship in Property
00:47:30 – The Role of White Box and Developer Networks
00:50:00 – Steve’s Take on Scaling Quality Development
00:52:30 – Managing Contractors and Ensuring Standards
00:55:00 – Innovations in Air Pressure and Building Performance
00:57:30 – The Importance of Detail in Property Projects
01:00:00 – Recycling Profits for Long-Term Growth
01:02:30 – Key Challenges in Large-Scale Developments
01:05:00 – Reflecting on Growth and the Next Steps
01:07:30 – Closing Thoughts: Quality Over Quantity

You can reach out to Steve Hammond by clicking here:
▶︎ https://www.instagram.com/steve.hammond.property
▶︎ https://www.facebook.com/steve.hammond.property
📧 steve@newhomeco.uk

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