A £1 million prize is up for grabs in a new reality TV show to find the Property Graduate of 2021.
Veteran investor John Howard is hosting the programme on Sky to find his new business partner. He’ll be putting contestants through their paces along with fellow judges Helen Chorley and Fiona Talbot during a three-day process that kicks off with interviews to decide who will go through to the next stage.
This will be followed by the property challenge where candidates are given details of a property and need to explain how they would develop it and show a 30% net profit. On the final day, the remaining three candidates will be quizzed about a chosen property deal.
The lucky winner will then have 12 months to come up with a development or project and Howard will provide a £1 million fund to cover all the costs involved in its development and sale, including construction costs up to a further £1 million. The winning investor will also get 50% share of the profit.
One of the UK’s most experienced property developers and investors, Howard recently launched the John Howard Joint Venture fund to support others.
He tells LandlordZONE: “I enjoy working with other people and can help them avoid making mistakes while sharing profits.”
Howard says there’s no age limit to the competition as he’s looking for ambition, drive, enthusiasm and energy – not just property experience. He’s also particularly keen that women apply too. “We’re not looking to embarrass anyone,” insists Howard.
“Even if they don’t win, people will come away from the experience with more knowledge and confidence.”
The show films during June and July and airs on channel 191 in September. To apply to take part before the 7th June deadline, visit www.propertygraduate.tv/about