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Developers in Chadderton
Chadderton stock that is not earning.
An empty Chadderton 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
Rather than discount the last few plots, let them to us on a fixed rent and keep the asking price where you want it. How this works →
Site Team Accommodation
Managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice. 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 →
Chadderton
The commercial mechanics
The rent sits below the best a unit might achieve in a strong month, and it should. What you are buying is certainty and the removal of void risk, and that carries a price on both sides of the deal.
Chadderton
The process, step by step
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.
Chadderton
Is this right for you?
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.
Chadderton
The compliance side
Anything that is the owner's statutory responsibility stays the owner's responsibility, and the agreement says which items those are.
Chadderton
What we won't do
We do not use a landlord's property to test something we have not done before.
Chadderton
Getting started
Questions are welcome before commitment, including the awkward ones about what happens when something goes wrong.
Coverage
We also cover these nearby
Straight Answers
The part that does not flatter us.
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. 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
Chadderton: the practical questions.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Chadderton units rather than just discount them?
A discount is permanent and a letting is not. If the sales market is slow rather than broken, income across the slow period plus a break clause for when a buyer appears usually beats cutting the asking price on the last few plots.
What happens to the Chadderton agreement if we sell the block?
The agreement is with the property, so a buyer takes it subject to our lease. That is worth raising with your agent early, because for some buyers an income-producing block is more attractive and for others it is not.
Can you house our site team instead?
That is a separate arrangement we also offer: managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice.
Who is responsible for gas, electrical and fire safety?
A lease does not make an owner's safety duties disappear and we will not pretend otherwise. Which obligations sit where is written into the agreement before anyone signs, and both solicitors should look at that clause specifically.
Will you sign an NDA before we send Chadderton scheme details?
Yes, without fuss.