UK Enterprise Awards 2021

197 | UK Enterprise Awards 2021 Property Developer of the Year - London Savoys Properties (Savoys) produces boutique style, all-inclusive, affordable co-living HMO house share accommodation. In addition, it specialises in providing excellent self- contained properties and high-end HMO. Savoys refurbishes and manages properties across London and the home counties to provide high-quality homes for professional tenants and has developed the necessary experience, team and tools to effectively execute projects. The services it can offer include planning, project management, design and build, and property sourcing. Director, Malkit Purewal, talks us through the firm’s core values which very much put the customer at the centre of its business and focuses on building bespoke properties with the end user in mind. “Our ethos is centred on integrity, accountability, diligence, perseverance, and discipline,” he explains. “These values have got stronger since we established the business and we believe these will get even stronger moving forward.” Malkit has noticed trends emerging in the industry, such as people starting to move away from city centre living to more suburban areas, such as the home counties, which is a key area for Savoys as it focuses on locations which are within a 30-minute driving radius from its base in Uxbridge, West London. He has also experienced customers wanting a greater say in the demand for better quality properties than ever before. “Recently, we have found that landlords have not been investing in the upkeep of properties and have therefore struggled to find tenants,” he elaborates. “Whereas the better quality properties, which are kept in great condition, achieved much better rents than before. We have capitalised on this by ensuring our properties are the best on the market.” The internal culture at Savoys is relaxed but still very professional, with a strong emphasis on learning. Malkit ensures staff are kept up to date with their knowledge and skills by allowing them to attend courses to continue to provide ‘best in class’ service to clients. “One of the key skills we look for when recruiting is customer focus and the ability to learn,” he says. “With these two skills we believe anything is possible within the industry.” Despite a turbulent 18 months during which the Covid-19 pandemic ground the country to a halt, the firm is growing and Malkit expects the business to continue growing over 2021 and into 2022. “We will continue to grow our business by keeping our end user clients at the forefront of what we do,” he embellishes. “There’s no doubt that 2020 was a challenging year but we used this to our advantage by going back to basics and systemising our business to keep up our exceptional level of service to our clients.” Contact: Malkit Purewal Company: Savoys Properties Web Address: Savoys Properties provides property advisory, project management and lettings operations for UK based and overseas property investors. We speak to Director, Malkit Purewal, about the current appetite for the industry. May21295