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Developers in Belper
Belper stock that is not earning.
For developers holding completed Belper units: a fixed monthly rent under one agreement, paid whether or not anyone is staying in the property.
Three Ways We Work
Where we can help.
Unsold & Slow-Moving Units
Finished units producing income while they sit on the market, with vacant possession returned on agreed notice. 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
Whole-block lettings under a single company let, with a phased start if that suits both sides better. How this works →
Belper
How the figure is reached
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.
Belper
What to expect once it starts
If units are needed back for a sale, the break provisions agreed at the start are what govern. Give the notice that was agreed and we plan around it.
Belper
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.
Belper
The compliance side
The paperwork is dull and it is the part that protects an owner when something goes wrong. It gets done properly rather than quickly.
Belper
What we won't do
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.
Belper
How to begin
The quickest starts are the ones where compliance paperwork is already to hand. It is worth gathering it before getting in touch.
Coverage
Close to Belper
Straight Answers
What you should check first.
We would rather you heard this from us than found it in a credit check: we operate two properties and have never run a developer scheme. The offer is a contractual one, and it deserves the same scrutiny you would give any new counterparty. 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
What developers want to know about Belper.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Do you actually pay if a Belper 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 Belper 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 Belper 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.
