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Developers in Banstead
Banstead stock that is not earning.
An empty Banstead unit still costs finance, council tax and service charge every month it stands there. We take it on a company let and pay a fixed monthly rent instead.
Three Ways We Work
What we would take from a developer.
Unsold & Slow-Moving Units
Completed stock taken on a company let with a fixed monthly rent, and a break clause so you keep vacant possession for a sale. How this works →
Site Team Accommodation
Whole properties near site for the crew, cleaned and serviced, instead of a scatter of travel hotels and loose receipts. How this works →
Whole Block or Phase
A phase let as one thing to one counterparty, with the void risk sitting on our side of the line. How this works →
Banstead
The commercial mechanics
Condition and specification feed straight into the figure. A unit handed over finished, compliant and ready to occupy is worth more to us than one where the last fix is still outstanding.
Banstead
How it runs day to day
You send the scheme, we review it and come back with whether we can take it and on what terms. There is no fee for that and nothing to sign to get an answer.
Banstead
Is this right for you?
It is a poor fit for a property that needs substantial work first. That is a different conversation and usually a different service.
Banstead
Certificates, licensing and insurance
An electrical installation condition report has a life. So does a gas certificate. Both get diarised rather than remembered.
Banstead
The limits, stated up front
We do not take on property we do not think will work. Turning something down costs us a fee and saves an owner a year of disappointment.
Banstead
Getting started
Getting in touch costs nothing and commits to nothing. That is not a sales line; it is how the process is set up.
Coverage
Nearby towns we also cover
Straight Answers
What you should check first.
Our size is the first thing you should test. Two properties, no scheme history, and a covenant you are entitled to examine before any of this becomes a plan. 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
Common questions from Banstead housebuilders.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Banstead 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 Banstead 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 Banstead 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.