Home/Developers/West Midlands/Aldridge
Developers in Aldridge
Aldridge stock that is not earning.
If Aldridge stock is finished but not selling, it can earn while it waits. One company let, one monthly payment, and vacant possession back when you have a buyer.
Three Ways We Work
Three things we do.
Unsold & Slow-Moving Units
Slow-moving completed units taken on a company let, priced for the term rather than for the first month. How this works →
Site Team Accommodation
Somewhere sensible for a travelling crew to stay, with kitchen and laundry, run by us and billed to the company. How this works →
Whole Block or Phase
A completed phase taken as a unit, with break provisions so you can pull units back if the sales market turns. How this works →
Aldridge
The commercial mechanics
We price the scheme in front of us rather than the postcode. Two developments a mile apart can support very different figures once access, parking, service charge and layout are taken into account.
Aldridge
The process, step by step
At the end of the term the property comes back to the standard set out at handover, fair wear and tear excepted. What that standard is was written down before we took it on.
Aldridge
Who gets the most from it
It works best where the owner wants a clear line between ownership and operation. Where somebody wants to stay closely involved day to day, the arrangement tends to create friction rather than remove it.
Aldridge
The compliance side
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Aldridge
Where we draw the line
We do not use a landlord's property to test something we have not done before.
Aldridge
Getting started
An initial conversation is worth more than a form. Most of what matters — constraints, timing, what the owner actually wants — does not fit in a field.
Coverage
Other places we work near Aldridge
Straight Answers
Where we actually are.
Be sceptical, and check us properly. We operate two properties, we have not run a developer scheme, and a rent is only ever worth what the company behind it is worth. Company No. 16187542, and we will hand over what you need to check it properly. The bigger the scheme, the more structure it needs around it. We would ask for the same in your position.
Nothing on this page is a valuation, a financial promotion or investment advice. Terms are specific to the scheme in front of us and are agreed in writing before either side commits.
Your Questions
Aldridge schemes, explained.
Still not sure? Ask us about your property and we'll answer for your specific situation.
What do you need from us to price an Aldridge scheme?
Location, plot numbers, tenure and the service charge position, the completion date, and your expected sales window. Certificates where they exist. The more of that we have, the less hedged the answer.
How long does it take to get an answer?
The review itself is quick. What usually sets the timeline is compliance paperwork - the EPC, the electrical certificate or the gas safety record arriving - rather than anything on our side.
What condition do the Aldridge units come back in?
The standard is agreed before we take them, off a schedule of condition with photographs at handover. Fair wear and tear is expected on a property that has been lived in; anything beyond that is ours to put right.
Do you buy unsold stock?
No. We take property on a lease and pay rent - we are not a cash buyer and we do not make offers on completed units. If something needs work rather than being finished, send it to us and we will see whether it fits an investor on our list.
Are you VAT registered?
Maine Property Solutions Ltd is not VAT registered, so our invoices carry no VAT. VAT on property leases depends on tenure and on whether an option to tax is in place, so take your own advice on your recovery position.