Property prices go up as well as down, so you might not get out what you put in. The same goes for how much rent we collect. Our forecasting tools help with the guesswork but they're not a reliable way to predict the future. Please also note that invested capital is illiquid and is not protected under the Financial Services Compensation Scheme.Ok, got it
Tendering is the process by which bids are invited from interested contractors to carry out specific packages of construction or development work. With UOWN properties this could be the construction of new properties or renovation and refurbishment work to existing properties.
We are focussed on ensuring that our investors get the best deal possible for their money and that proper procedures are adhered to when we put a development on the platform, and hence we observe key values of fairness, clarity, simplicity and accountability in how we select contractors to carry out work on our properties.
In order to protect our investors we put all significant pieces of work out to tender. This has a number of advantages for our investors: