Does Being a Builder Make You a Better Property Developer? | Episode 54: Steve Hammond

Steve Hammond, Director of New Home Company, shares the unfiltered reality of being a builder-developer, the lessons, the losses, and the mental game behind the projects.From building high-end homes to multi-unit developments, Steve talks about the relentless mindset it takes to navigate risk, failure, market shifts, and the pressure of wearing both the builder and developer hat.We cover the costly mistakes people often make along the way, the dangers of over-leveraging, how to find your sweet spot in the market, and what it really takes to keep going when the pressure hits. If you're in property development, a contractor thinking about developing, or just want a raw look behind the scenes, this episode is packed with honest insight from someone who's done it.Contact Steve:https://linkedin.com/in/steve-hammond-property/https://facebook.com/steve.hammond.propertyhttps://instagram.com/steve.hammond.property/New Home Company: www.newhomeco.ukThe Developers Network Birmingham: www.tdnbirmingham.co.ukProperty Developer Show:https://instagram.com/propertydevelopershow/https://tiktok.com/@propertydevelopershowhttps://linkedin.com/company/property-developer-showhttps://facebook.com/propertydevelopershowJoin us live at the Property Developer Show as we tour different cities across the UK in 2025!Don’t miss out on this incredible opportunity to connect, learn, and grow within the property development community.Register for your FREE tickets now: https://www.propertydevelopershow.co.ukChapters:00:00 Coming up01:08 Transition from builder to developer05:05 Balancing both roles10:35 Managing stress of spinning multiple plates20:05 Key skills for moving from builder contractor to developer 34:16 How to not let ego rule your development journey41:40 The biggest mistake people make in property47:23 One piece of advice for people in property48:15 The Developers Network Birmingham 50:48 How to contact Steve