Home/Developers/South East/Andover
Developers in Andover
Andover stock that is not earning.
If Andover 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
What we would take from a developer.
Unsold & Slow-Moving Units
We become the tenant on completed stock and pay monthly while you carry on marketing it, with an agreed notice period to get it back. How this works →
Site Team Accommodation
Site team accommodation arranged and managed, so your people are housed together and the paperwork arrives monthly. How this works →
Whole Block or Phase
One agreement and one payer across a whole phase, instead of a stack of individual lettings and holding costs. How this works →
Andover
How the figure is reached
The rent we can commit to comes from what the units would realistically let for across the whole term, less what it costs to run them and the value of carrying the void risk. It is arithmetic on a specific scheme, not a percentage applied to an asking price.
Andover
What to expect once it starts
Heads of terms come before lawyers. Rent, term, break provisions, condition standards and who holds which obligation are agreed in plain language first, so the drafting is a formality rather than a negotiation.
Andover
Is this right for you?
First-time landlords are welcome, and they get told more than they ask for rather than less.
Andover
The paperwork that has to be right
Where a council requires planning consent for a particular use, that is a question for the council and not for us to answer on their behalf. We will point an owner at the right place.
Andover
What we won't do
We do not present an estimate as a measurement. Where a figure is an estimate, it is labelled as one.
Andover
Getting started
If the answer is that we are not the right fit, that gets said in the first conversation rather than the fourth.
Coverage
We also cover these nearby
Straight Answers
What you should check first.
Maine Property Solutions Ltd is a young company. We operate two properties of our own and we have not yet run a developer scheme, so what we are offering is a contract rather than a track record. Run your covenant check before you rely on the rent. Company No. 16187542, and we will hand over what you need to check it properly. A phased start is usually the sensible structure on anything substantial, and we will suggest it before you have to.
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
Straight answers for Andover developers.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if an Andover unit sits empty?
Yes. The rent is a fixed monthly sum under the agreement, payable whether or not anyone is staying in the property. The void risk moves to us, which is why the figure sits below the best a unit might achieve in a strong month.
Can we keep marketing the Andover units for sale?
Yes, and most developers do. A break clause lets you recover vacant possession on an agreed notice period once you have a buyer, and viewings are arranged with reasonable notice.
Is this an AST?
No. It is a company let: Maine Property Solutions Ltd becomes the tenant and carries the rent obligation. Your solicitor should read the agreement before you sign it, and we would expect them to.
How many Andover units would you take?
A single unit is straightforward. A whole block is a bigger step and will get a more cautious answer, because we are a small company - we would rather say that on the first call than three weeks into your programme.
Who are you?
Maine Property Solutions Ltd, Companies House number 16187542, registered office Office 1, Izabella House, 24-26 Regent Place, Birmingham B1 3NJ.
