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- Imagine_Homes abstract "Imagine Homes Ltd was at one point one of the largest purchasers of residential property in the United Kingdom. Founded by CEO Grant Bovey in 2003, Imagine Homes began operating from offices in Kew, Surrey, with a total of four employees. In 2007, Imagine Homes achieved substantial growth, with headquarters located in Farnborough, Hampshire, offices in Canary Wharf, Dubai, Singapore and Dublin, and employing over 80 staff worldwide.Imagine Homes operated in the UK buy-to-let industry, working with established property developers to offer off-plan investment opportunities throughout the United Kingdom, i.e. they would buy properties from developers, fit them out, then market them to investors as "buy-to-let" properties. The company's tag line was "The simple way to profit from property".In 2008, Imagine Homes planned to open the UK’s first buy-to-let showroom on the Hogarth Roundabout, Chiswick, London.Grant Bovey's company rode the rise in property prices in the UK and internationally, and rode the fall in property prices until Bovey lost control in early 2009 after being personally wiped out.In September 2007 the Daily Telegraph reported that a proposed IPO by Imagine Homes had been abandoned[citation needed]. Instead the business was recapitalised by a £37.5 m equity-and-debt injection from HBOS.[citation needed] The flotation plans were put back until 2009 at the earliest.[citation needed] The decision to pull the flotation was caused by: Significant softening in the business’s main market, the sale and rental of new build residential property. The business model of Imagine Homes depended on “Buy to Let” investors feeling confident enough in price rises to buy property with the expectation of rising property prices and rent high enough to cover their costs.[citation needed] The correction of a prior year accounting errors in the company’s report and accounts which had resulted in the overstatement of revenues. After correction of the error, the reported losses before tax had more than doubled to £6.42m in the year to March 2007 compared to £2.81m for the previous year.[citation needed] Weakening equity markets would not have helped the flotation of an investment prospect linked to the property market.[citation needed]HBOS, as part of their refinancing, asked for improved Corporate Governance within Imagine Homes. They recruited two non-executive directors to the board.[citation needed]On 23 February 2009, The Daily Mail reported that HBOS had taken over the company, and that Bovey and his wife Anthea Turner had been forced to put their Surrey mansion up for sale. The article quoted them as saying that they had been substantially wiped out and that only a small fraction of their net worth remained. The Daily Mail also reported that Anthea Turner is doing television commercials for household detergents to make ends meet, as well as a satellite show about ridding your home of pests.Imagine Homes Limited was placed in administration in May 2009.".
- Imagine_Homes foundingYear "2003".
- Imagine_Homes industry Buy_to_let.
- Imagine_Homes keyPerson Chief_executive_officer.
- Imagine_Homes keyPerson Grant_Bovey.
- Imagine_Homes location Farnborough,_Hampshire.
- Imagine_Homes location United_Kingdom.
- Imagine_Homes type Limited_company.
- Imagine_Homes wikiPageExternalLink www.imaginehomes.co.uk.
- Imagine_Homes wikiPageExternalLink www.imaginehomes.co.uk.
- Imagine_Homes wikiPageID "10638850".
- Imagine_Homes wikiPageRevisionID "605069302".
- Imagine_Homes companyLogo File:Imagine_Homes_logo.png.
- Imagine_Homes companyName "Imagine Homes Ltd".
- Imagine_Homes companyType Limited_company.
- Imagine_Homes foundation "2003".
- Imagine_Homes hasPhotoCollection Imagine_Homes.
- Imagine_Homes homepage www.imaginehomes.co.uk.
- Imagine_Homes industry "Buy-to-let Investment Property".
- Imagine_Homes keyPeople Chief_executive_officer.
- Imagine_Homes keyPeople Grant_Bovey.
- Imagine_Homes location Farnborough,_Hampshire.
- Imagine_Homes location United_Kingdom.
- Imagine_Homes wordnet_type synset-company-noun-1.
- Imagine_Homes subject Category:Companies_based_in_Farnborough.
- Imagine_Homes subject Category:Companies_established_in_2003.
- Imagine_Homes subject Category:Property_companies_of_England.
- Imagine_Homes type Abstraction100002137.
- Imagine_Homes type CompaniesBasedInHampshire.
- Imagine_Homes type CompaniesEstablishedIn2003.
- Imagine_Homes type Company108058098.
- Imagine_Homes type Group100031264.
- Imagine_Homes type Institution108053576.
- Imagine_Homes type Organization108008335.
- Imagine_Homes type SocialGroup107950920.
- Imagine_Homes type YagoLegalActor.
- Imagine_Homes type YagoLegalActorGeo.
- Imagine_Homes type YagoPermanentlyLocatedEntity.
- Imagine_Homes type Agent.
- Imagine_Homes type Company.
- Imagine_Homes type Organisation.
- Imagine_Homes type Organization.
- Imagine_Homes type Agent.
- Imagine_Homes type SocialPerson.
- Imagine_Homes type Thing.
- Imagine_Homes comment "Imagine Homes Ltd was at one point one of the largest purchasers of residential property in the United Kingdom. Founded by CEO Grant Bovey in 2003, Imagine Homes began operating from offices in Kew, Surrey, with a total of four employees.".
- Imagine_Homes label "Imagine Homes".
- Imagine_Homes sameAs m.02qkxyv.
- Imagine_Homes sameAs Q6002702.
- Imagine_Homes sameAs Q6002702.
- Imagine_Homes sameAs Imagine_Homes.
- Imagine_Homes wasDerivedFrom Imagine_Homes?oldid=605069302.
- Imagine_Homes homepage www.imaginehomes.co.uk.
- Imagine_Homes isPrimaryTopicOf Imagine_Homes.
- Imagine_Homes name "Imagine Homes Ltd".