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Developers in Bath
Bath stock that is not earning.
For developers holding completed Bath units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
What we can take on.
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
Beds for the people building it: your team together, near site, on one account that invoices once a month. 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 →
Bath
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.
Bath
What actually happens
Once the property is handed over, rent is paid on the same date each month for the term, whether or not anyone is staying in it. That is the arrangement itself, not a concession.
Bath
Who gets the most from it
An owner who has been let down before usually wants to know what happens when something goes wrong rather than what happens when it goes right. That is the correct question to ask.
Bath
Certificates, licensing and insurance
Insurance written for standard residential letting usually will not cover the intended use. It is worth checking before rather than discovering after.
Bath
The limits, stated up front
We do not quote a figure before somebody has looked at the property. A number produced from a postcode is a marketing device, not an appraisal.
Bath
Getting started
If the answer is that we are not the right fit, that gets said in the first conversation rather than the fourth.
Straight Answers
Straight about our size.
We are small. Two properties operated, no developer schemes completed, and an honest expectation that you will verify all of that rather than take it on trust. 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
What developers ask us about Bath.
Still not sure? Ask us about your property and we'll answer for your specific situation.
What do you need from us to price a Bath 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 Bath 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.